Please see Dreweatts’ Conditions of Business and Conditions of Sale detailed below.
Dreweatts & Dreweatts 1759 are trading names of Dreweatts 1759 Ltd. Dreweatts 1759 Ltd is registered in England, company number: 10758982, registered office: C/O Bishop Fleming LLP, 10 Temple Back, Bristol BS1 6FL.
BUYING AT DREWEATTS
There are several ways you can bid at a Dreweatts auction; in person, by leaving a commission or absentee bid, on the telephone where available and live via the internet – please make arrangements before the sale. THIS NOTICE APPLIES ONLY TO A PERSON WHO WISHES TO BID IN PERSON, OR BY LEAVING A COMMISSION OR ABSENTEE BID, AT A DREWEATTS PUBLIC AUCTION. For bidding at an online auction or for online bidding at a public auction please see our Online Auction Terms published on our website at www.dreweatts.com.
BIDDING IN PERSON
If intending to buy you are required to register your name and details at our reception desk prior to the commencement of the auction. You will be required to provide a proof of identity and address to register for bidding. You will then be allocated a bidding number, which you use when bidding for an item.
COMMISSION BIDS
Dreweatts will execute bids on your behalf if you are unable to attend the sale. Commission or absentee bids are accepted either directly at reception, or can be sent by post, fax, email, telephone or via the website: www.dreweatts.com.
Dreweatts will add these bids to the auctioneer's sale book and will undertake to purchase the lots on your behalf as cheaply as allowed by other bids and reserves. If two buyers submit identical commission bids Dreweatts may prefer the first bid received.
Dreweatts does not accept liability for failing to execute commission bids, or for any errors or omissions.
CONDITION
Bidders must satisfy themselves as to the condition of each lot. Inspection of lots is strongly recommended. Condition reports are available on request – see the Conditions of Business at the back of every catalogue forming part of these Auction Terms and Conditions for more information regarding condition reports. Requests for condition reports must be submitted by 4pm on the day prior to the auction; condition reports may be available alongside the lot description on the online catalogue at: www.dreweatts.com. Please note that Dreweatts are unable to give verbal condition reports for any lot, and all condition reports will be given in writing via our website.
COMMISSION CHARGES
All purchases are subject to a buyer’s premium, which is charged per lot at 26% of the hammer price (31.2% including VAT) up to and including £20,000, 25% (30% including VAT) of the hammer price from £20,001 up to and including £500,000, 20% (24% including VAT) of the hammer price from £500,001 up to and including £1,000,000 and 12.5% of the hammer price (15% including VAT) in excess of £1,000,000. A theta symbol (θ) indicates that the lot is a zero rated item and therefore not subject to VAT on the buyer’s premium. This applies to bound books (manuscripts and printed), unframed maps and albums. In the event the lot has a dagger (†) beside the lot number in the catalogue, this indicates that the lot is owned by an entity or company required to pay VAT (generally not an Antique Dealer, as they operate under a dealers margin scheme). VAT is payable at 20% on the Hammer Price. Lots marked with a double dagger (‡) (presently a reduced rate of 5%) or Ω (presently at standard rate of 20%) have been imported from outside the UK under Temporary Admission regime and therefore the buyer must pay the import VAT at the appropriate rate on the duty inclusive hammer price.
PAYMENT
Payment will be accepted, if you are a successful bidder, by debit card issued in the name of the Buyer by a UK bank and registered to a UK billing address; by all major UK issued credit cards issued in the name of the Buyer and registered to a UK billing address with the exception of Diners Club; by bank transfer direct into our bank account, Bank Details: NatWest, 30 Market Place, Newbury, Berkshire RG14 5AG. Account Name: Dreweatts 1759 Ltd. A/C: 62412949, Sort Code: 60-15-07, BIC: NWBKGB2L, IBAN: GB21NWBK60150762412949. The name of the bank account holder should match the name of the buyer. First time buyers who are not present at the saleroom are requested to pay by bank transfer.
Υ CITES REGULATIONS
Please note that lots marked with the symbol (Υ) in the printed catalogue and the online catalogue may be subject to CITES Regulations when exported. Relevant CITES Regulations information may be found here.
COLLECTION OR DELIVERY
Before being able to collect your purchases you are required to pay the hammer price, plus the applicable commissions, and obtain a receipt acknowledging payment. Collection of the purchased lots is at the purchaser’s risk and expense and whilst Dreweatts do not provide packing and despatch service we can suggest some carriers. Dreweatts also require that all purchased items are collected within four working days of the sale to avoid a storage charge being applied.
STORAGE CHARGES
All items not collected by 4pm, within four working days of the sale, will be automatically removed to commercial storage and subject to a minimum storage charge of £20 (plus VAT) per lot and to a further storage charge of £3 (plus VAT) per lot per part or full day thereafter. These charges will be the sole liability of the purchaser and will be billed directly to them by Sackville-West Moving & Storing; Sackville-West Moving & Storing may be willing to adjust their charges if they are instructed by the purchaser to deliver to them. On payment of all sales and storage costs, items will be available for collection by appointment from Sackville-West Moving & Storing (Andover), tel: + 44 (0) 2080 909988, email: office@sackvillewest.co.uk. These charges are set by Sackville-West Moving & Storing; we recommend that you contact them directly regarding queries relating to these charges and other questions relating to storage. Staff at the saleroom will be unable to answer questions relating to items that have been removed from the saleroom.
FURTHER INFORMATION
The colours printed in the printed catalogue are not necessarily a true reflection of the actual item. All weights and measures given in the catalogue should be regarded as approximate.
VALUATION SERVICES
Dreweatts provides a range of confidential and professional valuation services to private clients, solicitors, executors, estate managers, trustees and other professional partners. These services include auction valuations, insurance valuations, probate valuations, private treaty valuations, valuations for family division or for tax purposes. For more information, please visit our website.
For directions to Donnington Priory, please visit our website.
Parking is available at Donnington Priory in two car parks on either side of the saleroom.
1. INTRODUCTION. The following notes are intended to assist Bidders and Buyers, particularly those inexperienced or new to our salerooms. All of our auctions and sales are conducted on our printed Auction Terms and Conditions, including these Conditions of Sale and Business, which are readily available for inspection and normally accompany catalogues. Our staff will be happy to help you if there is anything you do not fully understand.
Any particular auction and/or any particular lot in an auction may be subject to different or additional terms which will be published in our auction catalogue. All auctions and sales of wines and spirits, jewellery, watches and clocks are subject to the special terms set out in the relevant Notices in relation to those items published in our auction catalogue and, in the event of any conflict or inconsistency, those special terms prevail over any other terms in our Auction Terms and Conditions. By bidding at the auction, you agree to be bound by these terms.
2. AGENCY. As auctioneers we usually act as agents for the seller whose identity, for reasons of confidentiality, is not normally disclosed. Accordingly if you buy at auction your contract for the item or items purchased is with the seller and not with us as the auctioneer.
3. ESTIMATES. Estimates are designed to help buyers gauge what sort of sum might be involved for the purchase of a particular lot. Estimates may change and should not be thought of as the sale price. The lower estimate may represent the reserve price and certainly will not be below it. Estimates do not include the Buyer’s Premium or VAT (where chargeable). Estimates are prepared some time before the sale and may be altered by announcement before the sale. They are in no sense definitive.
4. BUYER'S PREMIUM. The Conditions of Sale forming part of our Auction Terms and Conditions require the buyer to pay a buyer’s premium on the hammer price of each lot purchased. The buyer’s premium is 26% of the hammer price up to and including £20,000, 25% of the hammer price from £20,001 up to and including £500,000, 20% of the hammer price from £500,001 up to and including £1,000,000, and 12.5% of the hammer price in excess of £1,000,000. VAT at the prevailing rate of 20% is added to buyer’s premium and additional charges as defined below.
5. VAT. A theta symbol (θ) indicates that the lot is a zero rated item and therefore not subject to VAT on the buyer’s premium. This applies to bound books (manuscripts and printed), unframed maps and albums. A dagger symbol (†) indicates that VAT is payable by the purchaser at the standard rate (presently 20%) on the hammer price as well as being an element in the buyer's premium. This imposition of VAT is likely to be because the seller is registered for VAT within the United Kingdom and is not operating the Dealers Margin Scheme. A double dagger (‡) indicates that the lot is being sold whilst subject to temporary importation and that import VAT at the reduced rate (currently 5%) calculated on the hammer price is due. (Ω) Indicates that the lot has been imported from outside the UK and that import VAT at the standard rate (currently 20%) calculated on the hammer price (inclusive of any applicable duty) is due. Lots offered subject to temporary importation (‡ or Ω) require relevant customs procedure to be completed prior to the property leaving Dreweatts’ premises or being exported. Dreweatts will issue the instruction to a customs broker or shipper upon receipt of full payment for the lots. The import VAT charged for lots with symbols ‡ or Ω can be refunded if Dreweatts is instructed to re-export the property or if the VAT liability is transferred to another Temporary Admission authorisation. Lots which appear without the above symbols indicate that no VAT is payable on the hammer price; this is because such lots are sold using the Auctioneers Margin Scheme and it should be noted that the VAT included within the buyer's premium is not recoverable as input tax.
6. DESCRIPTION AND CONDITION. Condition reports are provided on our website or upon request. The absence of a report does not imply that a lot is without imperfections. The detail in a report will reflect the estimated value of the lot. Large numbers of such requests received shortly before the sale may mean that reports cannot be provided for all lots. Members of staff are not trained restorers or conservators and, particularly for higher value lots, you should obtain an opinion from such a professional. Dreweatts is not liable for damage to gilded picture frames, plaster picture frames or picture frame glass; if a Lot is or becomes dangerous, we may dispose of it without notice to bidders in advance in any manner we see fit and will be under no liability for doing so. We recommend that you always view a lot in person.
We are dependent on information provided by the seller about a lot and whilst we may inspect lots and act reasonably in taking a general view about them we are normally unable to carry out a detailed examination and frequently no examination of lots in order to ascertain their condition in the way in which it would be wise for a buyer to do. Intending buyers have ample opportunity for inspection of goods and, therefore, accept responsibility for inspecting and investigating lots in which they may be interested and the corresponding risk should they not do so. Please note carefully the exclusion of liability for the condition of lots contained in the Conditions of Sale. Neither the seller nor we, as the auctioneers, accept any responsibility for their condition. In particular, mechanical objects of any age are not guaranteed to be in working order. However, in so far as we have examined the goods and make a representation about their condition in the auction catalogue, we shall be liable for any defect which is not reflected in that representation and which that examination ought to have revealed to the auctioneer but which would not have been revealed to the buyer had the buyer examined the goods. Additionally, in specified circumstances lots misdescribed because they are ‘deliberate forgeries’ may be returned and repayment made. There is a 3 week time limit. (The expression ‘deliberate forgery’ is defined in our Conditions of Sale).
7. ELECTRICAL GOODS. These are sold as ‘antiques’ only and if bought for use must be checked over for compliance with safety regulations by a qualified electrician before use.
8. EXPORT OF GOODS. Buyers intending to export goods should ascertain (a) whether an export licence is required and (b) whether there is any specific prohibition on importing goods of that character because, e.g. they may contain prohibited materials such as ivory. Ask us if you need help.
Private overseas buyers can only receive goods free of VAT or have the VAT amount refunded if Dreweatts acts as exporter in relation to the sale, the goods are exported within 3 months of the sale and Dreweatts is in possession of adequate export documents. The VAT refunds are available for transactions exceeding £2,500. If you arrange for the goods to be picked up/delivered to you directly we will charge UK VAT at the appropriate rate and no refund will be available. Please note, buyers are responsible for completing the importation procedures as well as the payment of any relevant duty/VAT payable on importation into the destination country.
Where the purchase has been made in the business or trading name, VAT refund will be available on proof of export provided within 3 months of the sale.
9. BIDDING. Bidders will be required to register before the sale commences and lots will be invoiced to the name and address on the sale registration form. Bidders are required to provide a government issued identity document and a proof of address. Please enquire in advance about our arrangements for telephone bidding.
10. COMMISSION BIDDING. Commission bids may be left with the auctioneers indicating the maximum amount to be bid excluding buyer's premium. Dreweatts will add these bids to the auctioneers’ sale book and they will be executed as cheaply as possible having regard to the reserve (if any) and competing bids. If two buyers submit identical commission bids the auctioneers may prefer the first bid received. Please enquire in advance about our arrangements for the leaving of commission bids by telephone or fax. Dreweatts does not accept liability for failing to execute commission bids, or for any errors or omissions.
11. METHODS OF PAYMENT. Payment will be accepted, if you are a successful bidder, by debit card issued in the name of the Buyer by a UK bank and registered to a UK billing address; by all major UK issued credit cards issued in the name of the Buyer and registered to a UK billing address with the exception of Diners Club; by bank transfer direct into our bank account, Bank Details: NatWest, 30 Market Place, Newbury, Berkshire RG14 5AG. Account Name: Dreweatts 1759 Ltd. A/C: 62412949, Sort Code: 60-15-07, BIC: NWBKGB2L, IBAN: GB21NWBK60150762412949. The name of the bank account holder should match the name of the buyer. First time buyers who are not present at the saleroom are requested to pay by bank transfer.
12. COLLECTION AND STORAGE. Please note what the Conditions of Sale state about collection and storage. It is important that goods are paid for and collected promptly. Any delay may involve the buyer in paying storage charges.
13. λ ARTIST’S RESALE RIGHT (DROIT DE SUITE) ROYALTY CHARGES. Under Artist’s Resale Right (ARR) UK art market professionals (including, but not limited to, auctioneers, art dealers and galleries) are required to collect a royalty for works of art produced by qualifying artists each time a work is resold during the artist’s lifetime and for a period up to 70 years following the artist’s death. This payment is only applicable to qualifying works of art when the hammer price reaches or exceeds £1,000. The charge is calculated on the portions of the hammer price according to the following rate bands:
Royalty Rate Portion of the hammer
4% up to £50,000
3% between £50,000.01 and £200,000
1% between £200,000.01 and £350,000
0.5% between £350,000.01 and £500,000
0.25% in excess of £500,000
The royalty charge is capped at £12,500 per artwork. All royalty charges are passed on, no handling costs or additional fees with respect to these charges will be retained by Dreweatts. The ARR charge is VAT exempt. All items in this catalogue that are marked with λ are potentially qualifying items. The charge will be added to the buyer’s invoice and must be paid before items can be released to the buyer.
The sale of goods at our public auctions and a seller’s relationship with us are governed by our Auction Terms and Conditions including these Terms of Consignment for Sellers in Public Auctions and our Conditions of Sale for Public Auctions. Any particular auction and/or any particular lot in an auction may be subject to different or additional terms which will be published in our auction catalogue or separately announced prior to the auction. All auctions and sales of wines and spirits, jewellery, watches and clocks are subject to the special terms set out in the relevant Notices in relation to those items published in our auction catalogue and, in the event of any conflict or inconsistency, those special terms prevail over any other terms in our Auction Terms and Conditions. Please note that our Auction Terms and Conditions including these Terms of Consignment for Sellers in Public Auctions and our Conditions of Sale for Public Auctions relate to auctions held in our salerooms and we have separate terms and conditions for our online auctions.
If you, or another person acting on your behalf, provide goods to us to sell on your behalf at one of our auctions this signifies that you agree to and will comply with our Auction Terms and Conditions including these Terms of Consignment for Sellers in Public Auctions and our Conditions of Sale for Public Auctions.
1. INTERPRETATION. In these Terms the words ‘you’, ‘yours’, etc. refer to the Seller and if the consignment of goods to us is made by an agent or otherwise on the Seller’s behalf we assume that the Seller has authorised the consignment and that the consignor has the Seller’s authority to contract. All obligations that apply to the Seller under these Terms of Consignment for Sellers in Public Auctions shall apply to the owner of the goods and their agent jointly and separately. Similarly the words ‘we’, ‘us’, etc. refer to the Auctioneers.
2. WARRANTY. The Seller warrants that possession in the lots can be transferred to the Buyer with good and marketable title, free from any third party right and encumbrances, claims or potential claims. The Seller has provided all information concerning the item’s ownership, condition and provenance, attribution, authenticity, import or export history and of any concerns expressed by third parties concerning the same.
3. ALL COMMISSIONS and fees are subject to VAT at the prevailing rate.
4. COMMISSION is charged to sellers and all selling terms are available from our salerooms.
5. REMOVAL COSTS. Items for sale must be consigned to the saleroom by any stated deadline and at your expense. We may be able to assist you with this process but any liability incurred to a carrier for haulage charges is solely your responsibility.
6. LOSS AND DAMAGE OF GOODS
(a) Loss and Damage Warranty - Dreweatts is not authorised by the FCA to provide insurance to its clients, and does not do so. However Dreweatts for its own protection assumes liability for property consigned to it at the lower pre-sale estimate until the hammer falls. To justify accepting liability, Dreweatts makes a charge of 1.5% of the hammer price plus VAT, subject to a minimum charge of £1.50, or if unsold 1.5% of our lower estimate. The liability assumed by Dreweatts shall be limited to the lower pre-sale estimate or the hammer price if the lot is sold. Dreweatts is not liable for damage to gilded picture frames, plaster picture frames or picture frame glass; if the Lot is or becomes dangerous, we may dispose of it without notice to you in advance in any manner we see fit and will be under no liability for doing so.
(b) If the owner of the goods consigned instructs us in writing not to take such action, the goods then remain entirely at the owner’s risk unless and until the property in them passes to the Buyer or they are collected by or on behalf of the owner, and clause 6 (a) is inapplicable.
7. ILLUSTRATIONS AND PHOTOGRAPHS. The cost of any illustrations or photographs is borne by you. The copyright in respect of such illustrations and photographs shall be the property of us, the auctioneers, as is the text of the catalogue.
8. MINIMUM BIDS AND OUR DISCRETION. Goods will normally be offered subject to a reserve agreed between us before the sale in accordance with clause 9. We may sell Lots below the reserve provided we account to you for the same sale proceeds as you would have received had the reserve been the hammer price. If you specifically give us a “discretion” we may accept a bid of up to 10% below the formal reserve.
9. RESERVES
(a) You are entitled to place prior to the auction a reserve on any lot consigned, being the minimum hammer price at which that lot may be sold. Reserves must be reasonable and we may decline to offer goods which in our opinion would be subject to an unreasonably high reserve (in which case goods carry the storage and loss and damage warranty charges stipulated in these Terms of Consignment).
(b) A reserve once set cannot be changed except with our consent.
(c) Where a reserve has been set which we consider unreasonably high, an unsold charge will be payable in the event that the lots fails to sell, being the agreed selling terms calculated on the reserve, LDW at 1.5% and any photographic charges.
(d) Where a reserve has been placed only we may bid on your behalf and only up to the reserve (if any) and you may in no circumstances bid personally.
(e) Reserves are not usually accepted for lots expected to realise below £100
10. ELECTRICAL ITEMS. These are subject to detailed statutory safety controls. Where such items are accepted for sale you accept responsibility for the cost of testing by external contractors. Goods not certified as safe by an electrician (unless antiques) will not be accepted for sale. They must be removed at your expense on your being notified. We reserve the right to dispose of unsafe goods as refuse, at your expense.
11. SOFT FURNISHINGS. The sale of soft furnishings is strictly regulated by statute law in the interests of fire safety. Goods found to infringe safety regulations will not be offered and must be removed at your expense. We reserve the right to dispose of unsafe goods as refuse, at your expense. The rights of disposal referred to in clause 10 and 11 are subject to the provisions of The Torts (Interference with Goods) Act 1977.
12. DESCRIPTION. Please assist us with accurate information as to the provenance, lawful import etc. of goods where this is relevant. There is strict liability for the accuracy of descriptions under modern consumer legislation and in some circumstances responsibility lies with sellers if inaccuracies occur. We will assume that you have approved the catalogue description of your lots and that your lots match those descriptions unless informed to the contrary. Where we are obliged to return the price to the buyer when the lot is a deliberate forgery under Condition 15 of the Conditions of Sale and we have accounted to you for the proceeds of sale you agree to reimburse us the sale proceeds and in any event within 7 days of our written notice to do so.
13. UNSOLD. If an item is unsold it may at our discretion be re-offered at a future sale. Where in our opinion an item is unsaleable you must collect such items from the saleroom promptly on being so informed. Otherwise, storage charges may be incurred. We reserve the right to charge for storage in these circumstances at a reasonable daily rate.
14. WITHDRAWN AND BOUGHT IN ITEMS. These are liable to incur a charge of 15% commission, 1.5 % Loss and Damage Warranty and any other costs incurred including but not limited to illustration and restoration fees all of these charges being subject to VAT on being bought in or withdrawn after being catalogued.
15. CONDITIONS OF SALE. You agree that all goods will be sold on our Conditions of Sale for Public Auctions. In particular you undertake that you have the right to sell the goods either as owner or agent for the owner with good and marketable title and free and clear of any third party rights or claims. You undertake to compensate us and any buyer or third party for all losses liabilities, costs and expenses suffered or incurred arising out of or in connection with any breach of this undertaking. We will also, at our discretion, and as far as practicable, confirm that an item consigned for sale does not appear on the Art Loss register, which is administered by an independent third party.
16. DUE DILIGENCE CHECKS AND ANTI-MONEY LAUNDERING PROCEDURES
Under the money laundering regulations in force we are required to carry out relevant due diligence checks. This includes verifying the identity of all customers we transact with as well as any beneficial owners on behalf of whom they may transact. Vendors who are unable to or refuse to supply required identification documents and proof of address will not be able to consign to Dreweatts auctions. Copies of customer due diligence checks will be stored for as long as it is necessary to satisfy legal requirements in an appropriate storage facility, which for the avoidance of doubt may include storage solely in electronic form. We reserve the right to withhold the monies owed until the vendor provides the information necessary to complete the anti-money laundering checks.
17. AUTHORITY TO DEDUCT COMMISSION AND EXPENSES AND RETAIN PREMIUM AND INTEREST
(a) You authorise us to deduct commission at the stated rate and all expenses incurred for your account from the hammer price and consent to our right to retain beneficially the premium paid by the buyer in accordance with our Conditions of Sale for Public Auctions and any interest earned on the sale proceeds until the date of settlement.
(b) In case of lots unsold at auction you authorise us at our discretion to reoffer such lots and negotiate a sale within seven days of the auction date, in which case the same charges will be payable as if such lots had been sold at auction and so far as appropriate these Terms apply.
18. WAREHOUSING. We disclaim all liability for goods delivered to our saleroom without sufficient sale instructions and reserve the right to make minimum warehousing charge of £10 per lot per day. Unsold lots are subject to the same charges if you do not remove them within a reasonable time of notification. If not removed within three weeks we reserve the right to sell them and defray charges from any net proceeds of sale or at your expense to consign them to the local authority for disposal.
19. SETTLEMENT. After sale settlement of the net sum due to you normally takes place within 28 days of the sale unless the buyer has not paid for the goods or the checks necessary under the current Money Laundering Regulations have not been completed. In this case no settlement will then be made but we will take your instructions in the light of our Conditions of Sale for Public Auctions. You authorise any sums owed by you to us on other transactions to be deducted from the sale proceeds. You must note the liability to reimburse the proceeds of sale to us as under the circumstances provided for in Condition 12 above. You should therefore bear this potential liability in mind before parting with the proceeds of sale until the expiry of 28 days from the date of sale.
Dreweatts carries on business with bidders, buyers and all those present in the auction room prior to or in connection with a sale by auction at our salerooms on our Auction Terms and Conditions or Public Auctions including these Conditions of Sale for Public Auctions and all bidders, buyers and others participating in a public auction accept that these terms apply to the exclusion of any terms and conditions contained in any of those person’s own documents even if the same purport to provide that that person’s own or some other terms prevail. Any particular public auction and/or any particular lot in an auction may be subject to different or additional terms which will be published in our online auction catalogue. Please note that our Auction Terms and Conditions including these Conditions of Sale for Public Auctions relate to auctions held in one of our salerooms and we have separate terms and conditions for our online auctions.
1. DEFINITIONS
In these Conditions:
(a) “auctioneer” means the firm of Dreweatts or its authorised auctioneer, as appropriate;
(b) “deliberate forgery” means an imitation made with the intention of deceiving as to authorship, origin, date, age, period, culture or source but which is unequivocally described in the catalogue as being the work of a particular creator and which at the date of the sale had a value materially less than it would have had if it had been in accordance with the description;
(c) “hammer price” means the level of bidding reached (at or above any reserve) when the auctioneer brings down the hammer;
(d) “terms of consignment” means the stipulated terms and rates of commission on which Dreweatts accepts instructions from sellers or their agents;
(e) “total amount due” means the hammer price in respect of the lot sold together with any premium, Value Added Tax chargeable and any additional charges payable by a defaulting buyer under these Conditions;
(f) “sale proceeds” means the net amount due to the seller, being the hammer price of the lot sold less commission at the stated rate, Value Added Tax chargeable and any other amounts due to us by the seller in whatever capacity and however arising;
(g) “You”, “Your”, etc. refer to the buyer as identified in Condition 2.
(h) The singular includes the plural and vice versa as appropriate.
2. BIDDING PROCEDURES AND THE BUYER
(a) Bidders are required to register their particulars before bidding by completing a sale registration form and to satisfy any security arrangements before entering the auction room to view or bid;
(b) Under the money laundering regulations in force we are required to verify the identity of all customers we transact with as well as any beneficiaries on behalf of whom they may transact. Customers who are unable to or refuse to supply required identification documents and proof of address will not be able to bid in Dreweatts auctions. Copies of customer due diligence checks will be stored for as long as it is necessary to satisfy legal requirements in an appropriate storage facility which for the avoidance of doubt may include storage solely in electronic form;
(c) the maker of the highest bid accepted by the auctioneer conducting the sale shall be the buyer at the hammer price and any dispute about a bid shall be settled at the auctioneer’s absolute discretion by reoffering the Lot during the course of the auction or otherwise. The auctioneer shall act reasonably in exercising this discretion.
(d) Bidders shall be deemed to act as principals.
(e) Our right to bid on behalf of the seller is expressly reserved up to the amount of any reserve and the right to refuse any bid is also reserved.
3. INCREMENTS. Bidding increments shall be at the auctioneer’s sole discretion.
4. THE PURCHASE PRICE. The buyer shall pay the purchase price together with a premium thereon of 30% which shall include VAT on the premium at the rate imposed by law. The buyer will also be liable for any royalties payable under Droit de Suite as set out under Information for Buyers.
5. VALUE ADDED TAX. Value Added Tax on the hammer price is imposed by law on all items affixed with a dagger (†) or double dagger (ǂ). Value Added Tax is charged at the appropriate rate prevailing by law at the date of sale and is payable by buyers of relevant Lots. (Please refer to “Information for Buyers” for a brief explanation of the VAT position).
6. PAYMENT
(a) Immediately a Lot is sold you will:
(i) give to us, if requested, proof of identity, and
(ii) pay to us the total amount due or in such other way as is agreed by us.
(b) Any payments by you to us may be applied by us towards any sums owing from you to us on any account whatever without regard to any directions of you or your agent, whether expressed or implied.
(c) In order to comply with money laundering regulations we reserve the right to require proof of source of funds and/or confirmation of the nature and source of wealth for all receipts of monies from clients directly or from third parties for payments on behalf of clients. Lots will only be released once the appropriate once we have completed necessary checks under the current Money Laundering Regulations.
7. TITLE AND COLLECTION OF PURCHASES
(a) The ownership of any Lots purchased shall not pass to you until you have made payment in full to us of the total amount due.
(b) You shall at your own risk and expense take away any lots that you have purchased and paid for not later than 3 working days following the day of the auction after which you shall be responsible for any removal, storage and insurance charges.
(c) No purchase can be claimed or removed until it has been paid for and we have completed necessary checks under the current Money Laundering Regulations.
8. REMEDIES FOR NON-PAYMENT OR FAILURE TO COLLECT PURCHASES
(a) If any Lot is not paid for in full and taken away in accordance with these Conditions or if there is any other breach of these Conditions, we, as agent for the seller and on our own behalf, shall at our absolute discretion and without prejudice to any other rights we may have, be entitled to exercise one or more of the following rights and remedies:
(i) to proceed against you for damages for breach of contract;
(ii) to rescind the sale of that Lot and/or any other Lots sold by us to you;
(iii) to resell the Lot (by auction or private treaty) in which case you shall be responsible for any resulting deficiency in the total amount due (after crediting any part payment and adding any resale costs). Any surplus so arising shall belong to the seller;
(iv) to remove, store and insure the Lot at your expense and, in the case of storage, either at our premises or elsewhere;
(v) to charge interest at a rate not exceeding 1.5% per month on the total amount due to the extent it remains unpaid for more than 3 working days after the sale;
(vi) to retain that or any other Lot sold to you until you pay the total amount due;
(vii) to reject or ignore bids from you or your agent at future auctions or to impose conditions before any such bids shall be accepted;
(viii) to apply any proceeds of sale of other Lots due or in future becoming due to you towards the settlement of the total amount due and to exercise a lien (that is a right to retain possession of) any of your property in our possession for any purpose until the debt due is satisfied.
(b) We shall, as agent for the seller and on our own behalf pursue these rights and remedies only so far as is reasonable to make appropriate recovery in respect of breach of these conditions
9. THIRD PARTY LIABILITY. All bidders, buyers and other members of the public on our premises are there at their own risk and must note the lay-out of the accommodation and security arrangements. Accordingly neither the auctioneer nor our employees or agents shall incur liability for death or personal injury or for the safety of the property of persons visiting prior to or at a sale (except in each case as may be required by law by reason of our negligence)
10. COMMISSION BIDS. Whilst prospective buyers are strongly advised to attend the auction and are always responsible for any decision to bid for a particular Lot and shall be assumed to have carefully inspected and satisfied themselves as to its condition, we will if so instructed clearly and in writing execute bids on their behalf. Neither the auctioneer nor our employees or agents shall be responsible for any failure to do so.
Where two or more commission bids at the same level are recorded we reserve the right in our absolute discretion to prefer the first bid so made.
11. WARRANTY OF TITLE AND AVAILABILITY. The seller warrants to the auctioneer and you that the seller is the true owner of the property consigned or is properly authorised by the true owner to consign for sale and is able to transfer good and marketable title to the property free from any third party claims.
Save as expressly set out above, all other warranties, conditions or other terms which might have effect between the Seller and you, or us and you, or be implied or incorporated by statute, common law or otherwise are excluded to the fullest extent permitted by law.
12. AGENCY. The auctioneer normally acts as agent only and disclaims any responsibility for default by sellers or buyers.
13. TERMS OF SALE. The seller acknowledges that Lots are sold subject to the stipulations of these Conditions in their entirety and on the Terms of Consignment for Public Auctions as notified to the consignor at the time of the entry of the Lot.
14. DESCRIPTIONS AND CONDITION
(a) Whilst we seek to describe lots accurately, it may be impractical for us to carry out exhaustive due diligence on each lot. Prospective buyers are given ample opportunities to view and inspect before any sale and they (and any independent experts on their behalf) must satisfy themselves as to the accuracy of any description applied to a lot. Prospective buyers also bid on the understanding that, inevitably, representations or statements by us as to authorship, genuineness, origin, date, age, provenance, condition or estimated selling price involve matters of opinion. We undertake that any such opinion shall be honestly and reasonably held and accept liability for opinions given negligently or fraudulently. Subject to the foregoing neither we the auctioneer nor our employees or agents nor the seller accept liability for the correctness of such opinions and all conditions and warranties, whether relating to description, condition or quality of lots, express, implied or statutory, are hereby excluded. Dreweatts is not liable for damage to gilded picture frames, plaster picture frames or picture frame glass; if the Lot is or becomes dangerous, we may dispose of it without notice to you in advance in any manner we see fit and will be under no liability for doing so. This Condition is subject to the next following Condition concerning deliberate forgeries and applies save as provided for in paragraph 6 “information to buyers”.
(b) Private treaty sales made under these Conditions are deemed to be sales by auction for purposes of consumer legislation.
15. FORGERIES. Notwithstanding the preceding Condition, any Lot which proves to be a deliberate forgery (as defined) may be returned to us by you within 21 days of the auction provided it is in the same condition as when bought, and is accompanied by particulars identifying it from the relevant catalogue description and a written statement of defects. If we are satisfied from the evidence presented that the Lot is a deliberate forgery we shall refund the money paid by you for the Lot including any buyer’s premium provided that
(1) if the catalogue description reflected the accepted view of scholars and experts as at the date of sale or
(2) you personally are not able to transfer a good and marketable title to us, you shall have no rights under this condition.
The right of return provided by this Condition is additional to any right or remedy provided by law or by these Conditions of Sale.
16. PRIVACY NOTICE. We will hold and process any personal data in relation to you in accordance with our current privacy policy, a copy of which is available on our website http://www.dreweatts.com/privacy-security/.
GENERAL
17. We shall have the right at our discretion, to refuse admission to our premises or attendance at our auctions by any person.
18. (a) Any right to compensation for losses liabilities and expenses incurred in respect of and as a result of any breach of these Conditions and any exclusions provided by them shall be available to the seller and/or the auctioneer as appropriate.
(b) Such rights and exclusions shall extend to and be deemed to be for the benefit of employees and agents of the seller and/or the auctioneer who may themselves enforce them.
19. Any notice to any buyer, seller, bidder or viewer may be given by first class mail, email or Swiftmail in which case it shall be deemed to have been received by the addressee 48 hours after posting.
20. Special terms may be used in catalogue descriptions of particular classes of items in which case the descriptions must be interpreted in accordance with any glossary appearing at the commencement of the catalogue.
21. Any indulgence extended to bidders, buyers or sellers by us notwithstanding the strict terms of these Conditions or of the Terms of Consignment shall affect the position at the relevant time only and in respect of that particular concession only; in all other respects these Conditions shall be construed as having full force and effect.
22. These Conditions shall be governed by and construed in accordance with English law and the parties irrevocably submit to the exclusive jurisdiction of the English courts.
1. Dreweatts valuation report is prepared for the client to whom it is addressed for the specific purpose for which it is requested, and should not be relied upon by any other person or for any other purpose. Neither the whole nor any part of the valuation or any reference thereto may be included in any published document, circular or statement nor published in any way without Dreweatts approval of the form and context in which it may appear.
2. The client requesting the valuation report represents and warrants to Dreweatts that he or she is duly authorised, or is entitled, to have the property valued. In issuing a valuation report Dreweatts expresses no opinion as to ownership of items valued.
3. Dreweatts fees for valuation work will be at Dreweatts standard rates applying from time to time, or on such other basis as may be agreed. Particulars of the standard rates are available on request and VAT will be added where applicable. Should the client cancel the valuation appointment giving less than 48 hours’ notice, the minimum valuation fee as specified in the particulars of standard rates shall apply.
4. Dreweatts makes no representation and gives no warranty that the property will realise the amount at which it is valued, upon a subsequent sale by public auction or by other means.
5. Unless otherwise agreed in writing, values given in the report are provided for the purpose stated without the benefit of the further research that would normally be undertaken prior to any sale of the property and, in particular, Dreweatts have not considered the attribution or authenticity of items with any third party expert or authority. Accordingly, in the absence of a written agreement to the contrary, no representation is made, warranty given, or responsibility accepted in the valuation report as to the attribution or authenticity of any item.
6. The client agrees that he or she will not call upon Dreweatts to give evidence in legal or other proceedings concerning the contents of a valuation report except that, where requested, Dreweatts will take reasonable steps to justify its valuations prepared for tax purposes in response to enquiries made by HM Revenue & Customs.
7. The client acknowledges that Dreweatts offers its valuation services as an auctioneers and valuers, and not as a retail outlet. When requested to do so Dreweatts will put forward values at a level agreed with the client to reflect the cost of replacement at retail prices, but accepts no responsibility for the accuracy of its estimates on profit margins, the cost of facsimile replacement (if applicable), or other relevant factors applicable to the retail trade.
8. In issuing a valuation report Dreweatts expresses no opinion as to the commercial value of exploiting intellectual property or other intangible rights attaching to items valued.
9. When providing valuations via our website or by email Dreweatts specialists will provide the most accurate auction estimate based only upon the information and images provided. The auction estimates are the price range within with Dreweatts specialists believe the item will sell. These are provisional only and subject to change based on first hand inspection. The valuations are provided exclusively for the use of the client for the specific purpose of consigning property to Dreweatts and are not to be used for any other purpose.
DAMAGE, RESTORATION, ALTERATION
Although every effort is made to note any damage, restoration or alterations, the absence of any such information in catalogue descriptions does not imply the lot is in perfect condition and free from any such defects. Prospective buyers should satisfy themselves as to the condition of any lot prior to bidding. All watches are serviced from time to time, and Dreweatts are unable to guarantee that the working parts of any watch movement, glass or crystal, winding crowns, watch bracelet, strap or buckle are the manufacturers’ original parts, unless otherwise stated in the catalogue description. We are unable to make any representation in our catalogue descriptions or condition reports as to the authenticity of such parts. Dreweatts are unable to make any representation, nor make any comment on, the authenticity of diamonds, or other gemstones, set into watch dials, bezels, cases and bracelets.
AUTHENTICATION
All watch movements have been inspected by Dreweatts watchmaker and specialists, and we have verified all inventory and movement numbers. For the information of potential bidders, all inventory and movement numbers are listed in the catalogue description for the relevant lot.
IMPORT/EXPORT RESTRICTIONS
There may be Import Restrictions into some territories outside the United Kingdom placed on certain watch brands, or on the importation of watches with straps composed of animal skins which may fall under CITES Regulations. It is the sole responsibility of the buyer to comply with all Export/Import regulations and potential bidders are strongly recommended to check with their shipping agent as to any such regulations that may apply to any lot. Dreweatts are not shippers and are unable to offer any advice regarding such regulations.
CONDITION REPORTS
Dreweatts condition reports will identify whether a watch functions at the time of cataloguing, and suggest possible, but not comprehensive, restoration work that may need to be carried out for the watch to function properly. Dreweatts are unable to test watches for accuracy or running to time, and we cannot guarantee that any watch will function when purchased from us.
As we have examined all watch movements by removing the case backs, we cannot guarantee that water resistant watches will remain water resistant following purchase from us. Dreweatts recommend that any watch purchased from us is subsequently overhauled by a competent watchmaker to ensure proper functioning.
DAMAGE, RESTORATION, ALTERATION
Although every effort is made to note any damage, restoration or alterations, the absence of any such information in catalogue descriptions does not imply the lot is in perfect condition and free for any such defects. Prospective buyers should satisfy themselves as to the condition of any lot prior to bidding.
ENHANCEMENT
Prospective bidders should be aware that many coloured gems have been historically treated by a variety of methods to improve their appearance, both in terms of colour and transparency. Rubies and sapphires are routinely heat treated, emeralds are enhanced through the use of coloured and transparent oils and resins, and jadeite is routinely stained. These treatments, and others including irradiation and coating, are generally accepted by the jewellery trade as standard practice. Although most treatments are considered to be permanent, those gemstones which have been oiled may need to be re-treated to maintain their appearance. Any such treatments affect the market value of coloured gemstones, and Dreweatts pre-sale estimates published in the catalogue assume that all gemstones, unless otherwise stated in the catalogue, may have been enhanced. Dreweatts may obtain Gemmological Reports from a recognised laboratory where appropriate detailing any enhancements, or lack of, for certain gemstones, and such reports may be obtained for prospective bidders prior to the sale, provided such requests are made at least three weeks before the sale, and that the requesting party has prepaid for such a report. However it is not possible for Dreweatts to obtain reports for every stone offered in the sale.
In the absence of a gemmological laboratory report, it is not possible for Dreweatts to make any comment on the possibility that any gemstone in any lot may have been subject to enhancement.
Dreweatts catalogue descriptions and condition reports adhere to the guidelines laid out in the ‘Blue Book’ of CIBJO, the International Jewellery Confederation.
WEIGHTS
All gram weights have been obtained using an electronic balance, but weights stated in the catalogue are approximate and for guidance only, and potential bidders should satisfy themselves as to their accuracy.
‘…approximately 1.20 carats total,…’ all such stone weights are estimated using standard equipment and formulae, and are subject to the limitations imposed by the mount.
‘…weighing 1.20 carats,…’ where the description reads as such, the stones in question have been removed from the mount and weighted using an electronic balance.
SIGNATURES
‘…by Lacloche,…’ in our opinion is a piece made by or for the jeweller, bearing relevant signatures, maker’s marks, and where appropriate, the maker’s inventory number/s.
‘…signed Lacloche,…’ in our opinion is a piece retained by the jeweller, but not necessarily made by them. This may also mean that the piece has been mounted by the jeweller using stones supplied by the client; a special commission from a client’s design; or has been altered or later added to.
COLOURED STONES OF BURMA (MYANMAR) ORIGIN
Buyers should be aware that certain territories (notably the United States of America) have import restrictions on certain coloured gemstones. All gemstones that maybe of Burma (Myanmar) origin, notably rubies and jadeite, may require a certificate of origin before they can be imported. Prospective bidders for such gemstones should check with their shipper, and relevant Government authorities regarding any necessary certification prior to bidding. Whilst Dreweatts are able to suggest a number of Gemmological Laboratories for such certification, we are unable to carry out any such certification for potential bidders or buyers.
Bloomsbury Auctions is a trading name of Dreweatts 1759 Ltd. Dreweatts 1759 Ltd is registered in England, company number: 10758982, registered office: C/O Bishop Fleming LLP, 10 Temple Back, Bristol BS1 6FL.
BUYING AT BLOOMSBURY AUCTIONS
There are several ways you can bid at a Bloomsbury Auctions auction; in person, by leaving a commission or absentee bid, on the telephone where available and live via the internet - please make arrangements before the sale. THIS NOTICE APPLIES ONLY TO A PERSON WHO WISHES TO BID IN PERSON, OR BY LEAVING A COMMISSION OR ABSENTEE BID, AT A BLOOMSBURY AUCTIONS PUBLIC AUCTION. For bidding at an online auction or for online bidding at a public auction please see our Online Auction Terms published on our website at www.bloomsburyauctions.com.
BIDDING IN PERSON
If intending to buy you are required to register your name and details at reception prior to the commencement of the auction. You will then be allocated a bidding number, which you use when bidding for an item.
COLLATION OF BOOKS
If, on collation, any NAMED items in the catalogue prove defective, in text or illustration, the purchaser may reject the lot provided he returns it within fourteen days stating the defect in writing. This however will not apply in the case of un-named items, periodicals, autograph letters, manuscripts, music, maps, atlases, prints or drawings, nor in respect of damage to bindings, stains, foxing, marginal wormholes or other defects not affecting the completeness of the text, nor in respect of lack of list of plates, inserted advertisements, cancels or subsequently published volumes, supplements, appendices or plates or error in the enumerating of the plates, nor in respect of defects mentioned in the catalogue or announced at the time of sale.
EXPORT LICENCES
A licence from the Export Licensing Unit is required before manuscripts, miniatures and printed books with significant manuscript additions may be exported from the United Kingdom. Bloomsbury Auctions are more than happy to arrange this, free of charge. For further details, please contact the department directly:
Tel: 44 (0) 20 7839 8880
Email: info@bloomsburyauctions.com
COMMISSION BIDS
Bloomsbury Auctions will execute bids on your behalf if you are unable to attend the sale. Commission or absentee bids are accepted either directly at reception, or can be sent by post, fax, email, telephone or via the website: www.bloomsburyauctions.com.
Bloomsbury Auctions will add these bids to the auctioneers’ sale book and will undertake to purchase the lots on your behalf as cheaply as allowed by other bids and reserves. If two buyers submit identical commission bids Bloomsbury Auctions may prefer the first bid received.
Bloomsbury Auctions does not accept liability for failing to execute commission bids, or for any errors or omissions.
CONDITION
Bidders must satisfy themselves as to the condition of each lot. Inspection of lots is strongly recommended. Condition reports are available on request - see the Conditions of Business at the back of the printed catalogue forming part of these Auction Terms and Conditions for more information regarding condition reports. Requests for condition reports must be submitted by 4pm on the day prior to the auction; condition reports may be available alongside the lot description on the online catalogue at: www.bloomsburyauctions.com. Please note that Bloomsbury Auctions are unable to give verbal condition reports for any lot, and all condition reports will be given in writing via our website.
COMMISSION CHARGES
All purchases are subject to a buyer’s premium, which is charged per lot at 26% of the hammer price (31.2% including VAT) up to and including £20,000, 25% (30% including VAT) of the hammer price from £20,001 up to and including £500,000, 20% (24% including VAT) of the hammer price from £500,001 up to and including £1,000,000 and 12.5% of the hammer price (15% including VAT) in excess of £1,000,000. A theta symbol (θ) indicates that the lot is a zero rated item and therefore not subject to VAT on the buyer’s premium. This applies to bound books (manuscripts and printed), unframed maps and albums. In the event the lot has a dagger (†) beside the lot number in the catalogue, this indicates that the lot is owned by an entity or company required to pay VAT (generally not an Antique Dealer, as they operate under a dealers margin scheme). VAT is payable at 20% on the Hammer Price. Lots marked with a double dagger (‡) (presently a reduced rate of 5%) or Ω (presently at standard rate of 20%) have been imported from outside the UK under Temporary Admission regime and therefore the buyer must pay the import VAT at the appropriate rate on the duty inclusive hammer price.
PAYMENT
Payment will be accepted, if you are a successful bidder, by debit card issued in the name of the Buyer by a UK bank and registered to a UK billing address; by all major UK issued credit cards issued in the name of the Buyer and registered to a UK billing address with the exception of Diners Club; by bank transfer direct into our bank account, Bank Details: NatWest, 30 Market Place, Newbury, Berkshire RG14 5AG. Account Name: Dreweatts 1759 Ltd. A/C: 62412949, Sort Code: 60-15-07, BIC: NWBKGB2L, IBAN: GB21NWBK60150762412949. The name of the bank account holder should match the name of the buyer. First time buyers who are not present at the saleroom are requested to pay by bank transfer.
Υ CITES REGULATIONS
Please note that lots marked with the symbol (Υ) in the printed catalogue and the online catalogue may be subject to CITES Regulations when exported. Relevant CITES Regulations information may be found here.
COLLECTION OR DELIVERY
For manuscript items Bloomsbury Auctions offer an in-house shipping service. Please contact the department via info@bloomsburyauctions.com for a shipping quote after the sale. Alternatively, we can liaise with your preferred shipper, and notify them when export licences have been granted and the item can be collected. Please note that the items cannot be released until they are paid for in full, and we will need your prior authorisation before we release goods to any packer / shipper.
FURTHER INFORMATION
The colours printed in the printed catalogue are not necessarily a true reflection of the actual item. All weights and measures given in the catalogue should be regarded as approximate.
VALUATION SERVICES
Bloomsbury Auctions provides a range of confidential and professional valuation services to private clients, solicitors, executors, estate managers, trustees and other professional partners. These services include auction valuations, insurance valuations, probate valuations, private treaty valuations, valuations for family division or for tax purposes. For more information, please see our website: www.bloomsburyauctions.com.
BLOOMSBURY AUCTIONS
16-17 Pall Mall, St James's, London SW1Y 5LU
Opening hours: Monday-Friday, 9.30am-5.30pm
BUYING AT DREWEATTS
There are several ways you can bid at a Dreweatts auction; in person, by leaving a commission or absentee bid, on the telephone where available and live via the internet – please make arrangements before the sale. This notice applies only to a person who wishes to bid in person, or by leaving a commission or absentee bid, at a Dreweatts public auction. For bidding at an online auction or for online bidding at a public auction please see our Online Auction Terms published on our website at www.dreweatts.com.
BIDDING IN PERSON
If intending to buy you are required to register your name and details at reception prior to the commencement of the auction. You will be required to provide a proof of identity and address to register for bidding. You will then be allocated a bidding number, which you use when bidding for an item.
COMMISSION BIDS
Dreweatts will execute bids on your behalf if you are unable to attend the sale. Commission or absentee bids are accepted either directly at reception, or can be sent by post, fax, email, telephone or via the website: www.dreweatts.com.
Dreweatts will add these bids to the auctioneers’ sale book and will undertake to purchase the lots on your behalf as cheaply as allowed by other bids and reserves. If two buyers submit identical commission bids Dreweatts may prefer the first bid received.
Dreweatts does not accept liability for failing to execute commission bids, or for any errors or omissions.
COMMISSION CHARGES
All purchases are subject to a buyer’s premium, which is 20% of the hammer price (24% including VAT). In the event that a lot has the symbol β beside the lot number in the catalogue, this indicates that the item is under Bond and if released for delivery to a UK address will additionally be subject to UK DUTY and VAT thereon at 20% on the hammer price.
IN BOND LOTS
Bidding will be at duty paid prices other than for those lots marked ‘IN BOND/β’. Dreweatts Wine Department will contact buyers who have purchased wine ‘IN BOND/β’ to ascertain if the wine is to be removed from bond or transferred to a bonded account. Buyers of wine to be removed from bond will be invoiced duty and vat on the hammer price at the prevailing rates. VAT will also be added to the buyer’s premium on lots purchased whether or not they remain ‘in bond’.
VIEWING / CONDITION
All wine and spirits are stored off-site. Images of lots for the purposes of condition can be viewed online and should be referred to prior to bidding. It is the responsibility of potential buyers to obtain any additional information (if any) on lots on which they intend to bid. Catalogue descriptions are for reference as to the contents of a lot and should not be relied upon as a statement as to the condition of a lot. Please note that Dreweatts are unable to give verbal condition reports for any lot, and all condition reports will be given in writing via our website.
No returns will be accepted. Each lot shall be at the Purchaser's risk from the conclusion of the auction until payment and collection are made.
DESCRIPTION OF THE LOTS
ABBREVIATIONS USED IN THE CATALOGUE
OWC: Original Wooden Case
WC: Wooden Case (non-original)
OCC: Original Cardboard Case
Abbreviations used in relation to the level of wines for Bordeaux style bottles:
Into Neck (IN)
Base of Neck (BN)
Very Top Shoulder (VTS)
Top Shoulder (TS)
High Shoulder (HS)
Mid Shoulder (MS)
Low Shoulder (LS)
Bottom Shoulder (BS)
DUTY RATES - EFFECTIVE FROM 1 AUGUST 2023
The regime for calculating duty rates on alcohol has fundamentally changed since 1 August 2023 and buyers are recommended to read the most up to date HMRC guidance: https://www.gov.uk/government/publications/changes-to-alcohol-duty-rates/alcohol-duty-rate-changes.
Given that duty rates are now calibrated to the actual alcohol content within a beverage, it is not practical to set out the per bottle rates save that there is presently a concession for all still and sparkling wines in the 11.5% to 14.5% ABV range to have a simplified £2.67 (+VAT) per 750ml bottle duty applied, and this per bottle rate will apply pro rata for other bottle sizes and cases.
PAYMENT
Payment will be accepted, if you are a successful bidder, by debit card issued in the name of the Buyer by a UK bank and registered to a UK billing address; by all major UK issued credit cards issued in the name of the Buyer and registered to a UK billing address with the exception of Diners Club; by bank transfer direct into our bank account, Bank Details: NatWest, 30 Market Place, Newbury, Berkshire RG14 5AG. Account Name: Dreweatts 1759 Ltd. A/C: 62412949, Sort Code: 60-15-07, BIC: NWBKGB2L, IBAN: GB21NWBK60150762412949. The name of the bank account holder should match the name of the buyer. First time buyers who are not present at the saleroom are requested to pay by bank transfer.
STORAGE
Wine and spirits offered for sale via Dreweatts are stored at LCB Eton Park (previously known as Vinotheque) in Burton-on-Trent:
Dreweatts
c/o LCB Eton Park
Derby Road
Derby Turn
Burton-on-Trent
DE14 1RY
Storage charges will apply for any lots not collected within 10 days of the sale: £2.50 per lot fixed charge and £0.20 per week or part week thereafter. Please note for large consignments there may be additional charges. These charges will be the sole liability of the purchaser and will be billed directly to them by Dreweatts. To arrange long term wine storage with Dreweatts, please contact the Dreweatts Wine Department.
COLLECTION
Collection is possible from Newbury or LCB Eton Park in Burton-on-Trent. Please do not arrange to collect items without having paid online or by bank transfer beforehand.
Collection from LCB Eton Park, Burton-on-Trent
Collections can be made 5 days following the sale, Monday to Friday 9am to 4.30pm. Written notice is required 72 hours in advance of a collection, and all collections are subject to payment having been received by Dreweatts. Please note that LCB Eton Park are not able to deal with customers directly so all enquiries need to be referred to the Dreweatts Wine Department.
Collection from Dreweatts, Hambridge Lane
Collection from our Hambridge Lane warehouse is available 7-10 days following the sale and subject to a £5 per lot charge. Collection can be made Monday to Friday 9am-5pm.
DELIVERY AND TRANSFER
Lots can be delivered to buyers via LCB Eton Park’s delivery service, charged at a minimum of £16 + VAT for up to 9 litres. Warehouse transfers can also be made within the LCB network and to all other UK warehouses. If you are planning on shipping wine to the EU, we kindly request you to make your own shipping/courier arrangements. For all other international shipments, please do not hesitate to contact the Wine Department.
Delivery arrangements should be confirmed when settling your account. Please contact Dreweatts Wine Department to obtain a quotation.
VAT LIABILITIES FOR OVERSEAS BUYERS
Private overseas buyers can only receive goods free of VAT or have the VAT amount refunded if Dreweatts acts as exporter in relation to the sale, the goods are exported within 3 months of the sale and Dreweatts is in possession of adequate export documents. The VAT refunds are available for transactions exceeding £2,500. If you arrange for the goods to be picked up/delivered to you directly we will charge UK VAT at the appropriate rate and no refund will be available. Please note, buyers are responsible for completing the importation procedures as well as the payment of any relevant duty/VAT payable on importation into the destination country. Where the purchase has been made in the business or trading name, VAT refund will be available on proof of export provided within 3 months of the sale.
Dreweatts Wine Department
Mark Robertson | Caroline Shepherd | Violette Jongbloed | Dianne Wall | Emily Clarke
Direct tel: + 44 (0) 1635 553 527
Main tel: + 44 (0) 1635 553 553
E-mail: wine@dreweatts.com
FURTHER INFORMATION
The colours printed in this catalogue are not necessarily a true reflection of the actual item. All weights and measures given in the catalogue should be regarded as approximate.
VALUATION SERVICES
Dreweatts provides a range of confidential and professional valuation services to private clients, solicitors, executors, estate managers, trustees and other professional partners. These services include auction valuations, insurance valuations, probate valuations, private treaty valuations, valuations for family division or for tax purposes. For more information, please see our website: www.dreweatts.com
Movements, dials and cases: movements and dials are described as relating to the cases in which they are housed in one of the following three ways:
the case… we are of the opinion that the movement and dial started life in the current case.
in a case… we are of the opinion that the movement and dial are in a case of correct period and type (and may well be original to the movement and dial), however there is evidence to suggest that they may not have started out life together.
now in a case… we are of the opinion that the movement and dial are no longer in the original case as it is not of correct period and/or type.
Pendulums, weights, winding and case keys: unless specifically indicated otherwise in the catalogue description it can be assumed that all clocks with cases are sold with the requisite pendulum and correct number of weights (where appropriate), however we cannot guarantee that they are original to the clock. This excludes lantern clocks or loose movements which are more often than not offered without pendulums or weights. We do not indicate in the catalogue description whether winding or case keys are present with any specific clock. As many clocks are consigned without keys please check with the department to establish whether they are present or not prior to bidding.
Condition: due to the mechanical nature of clocks and the fact that most are of great age we cannot offer any guarantee as to whether they are in working order or free from major faults or restoration. Although we endeavour to catalogue items in a fair and informed manner, omission of any comments or observations regarding the condition or originality of a clock in the description does not necessarily indicate that it is free from significant faults, restoration or is in working condition. We would strongly advise any prospective purchaser to view the item in person or request a condition report and/or further images prior to bidding.
Measurements: dial measurements are given in inches, other dimensions such as height are given in centimetres and inches. The measurement given for the height of a longcase clock excludes any removable finials in order to provide an approximate minimum ceiling height in which the clock can be accommodated.
Paul Henry: in our opinion a work by the artist.
Attributed to Paul Henry: in our opinion a work of the period, which may be in the whole, or in part, the work of the artist.
Studio of Paul Henry: in our opinion a work by an unknown hand, which may have been executed in the studio of the artist.
Circle of Paul Henry: in our opinion a work from the period of the artist and showing his influence.
Follower of Paul Henry: in our opinion a work executed in the style of the artist, but not necessarily by a pupil.
Manner of Paul Henry: in our opinion a work executed in the style of the artist, but at a later date.
After Paul Henry: in our opinion a copy of any date after a work by the artist.
Signed / Inscribed /Dated Paul Henry: in our opinion the work has been signed / inscribed / dated by the artist.
Bears signature / inscription / date of Paul Henry: in our opinion the signature / inscription / date are probably not by the hand of the artist.
λ: indicates that this lot may be subject to Artist’s Resale Right (Droit de Suite) royalty charges. This payment is calculated on qualifying works of art which are sold for a hammer price more than £1,000. Please see our par. 13 Terms and Conditions for a detailed explanation of these charges.
Condition is not specified within the catalogue descriptions; please request a condition report for further advice.
Dreweatts is not liable for damage to gilded picture frames, plaster picture frames or picture frame glass; if the Lot is or becomes dangerous, we may dispose of it without notice to you in advance in any manner we see fit and will be under no liability for doing so.
Please note that all pictures are framed unless otherwise stated.
act. – active
fl. – flourished
wk. – worked
b. – born
p. – plate size
d. – died
s. – sight size
These Terms and Conditions are applicable only to sellers at an online auction and only to buyers at an online auction or bidding online at an auction held in one of our salerooms. For the Terms and Conditions applicable to a seller or buyer at an auction held in one of our salerooms please see the Terms and Conditions printed in our auction catalogue or published on our website.
Dreweatts & Dreweatts 1759 are trading names of Dreweatts 1759 Ltd. Dreweatts 1759 Ltd is registered in England, company number: 10758982, registered office: C/O Bishop Fleming LLP, 10 Temple Back, Bristol BS1 6FL.
BUYING AT DREWEATTS
There are several ways you can bid at a Dreweatts auction; in person, by leaving a commission or absentee bid, on the telephone where available and live via the internet – please make arrangements before the sale
This notice applies only to bidders who wish to bid live via the online auction facility on our website at www.dreweatts.com.
Please note that references to ‘catalogue’ or ‘online auction catalogue’ in these Online Auction Terms and Conditions means the online catalogue or other details of the lots to be auctioned at the online auction published on the website in connection with the relevant online auction.
CONDITION
Bidders must satisfy themselves as to the condition of each lot. Inspection of lots is strongly recommended. Condition reports are available on request – see the Conditions of Business forming part of these Online Auction Terms and Conditions for more information regarding condition reports. Requests for condition reports must be submitted by 4pm on the day prior to the auction; condition reports may be available alongside the lot description on the online auctions at: www.dreweatts.com. Please note that Dreweatts are unable to give verbal condition reports for any lot, and all condition reports will be given in writing via our website.
COMMISSION CHARGES
All purchases are subject to a buyer’s premium, which is charged per lot at 26% of the hammer price (31.2% including VAT) up to and including £20,000, 25% (30% including VAT) of the hammer price from £20,001 up to and including £500,000, 20% (24% including VAT) of the hammer price from £500,001 up to and including £1,000,000 and 12.5% of the hammer price (15% including VAT) in excess of £1,000,000. A theta symbol (θ) indicates that the lot is a zero rated item and therefore not subject to VAT on the buyer’s premium. This applies to bound books (manuscripts and printed), unframed maps and albums. In the event the lot has a dagger (†) beside the lot number in the catalogue, this indicates that the lot is owned by an entity or company required to pay VAT (generally not an Antique Dealer, as they operate under a dealers margin scheme). VAT is payable at 20% on the Hammer Price. Lots marked with a double dagger (‡) (presently a reduced rate of 5%) or Ω (presently at standard rate of 20%) have been imported from outside the UK under Temporary Admission regime and therefore the buyer must pay the import VAT at the appropriate rate on the duty inclusive hammer price.
PAYMENT
Payment will be accepted, if you are a successful bidder, by debit card issued in the name of the Buyer by a UK bank and registered to a UK billing address; by all major UK issued credit cards issued in the name of the Buyer and registered to a UK billing address with the exception of Diners Club; by bank transfer direct into our bank account, Bank Details: NatWest, 30 Market Place, Newbury, Berkshire RG14 5AG. Account Name: Dreweatts 1759 Ltd. A/C: 62412949, Sort Code: 60-15-07, BIC: NWBKGB2L, IBAN: GB21NWBK60150762412949. The name of the bank account holder should match the name of the buyer. First time buyers who are not present at the saleroom are requested to pay by bank transfer.
Υ CITES REGULATIONS
Please note that lots marked with the symbol (Υ) in the catalogue may be subject to CITES Regulations when exported. Relevant CITES Regulations information may be found here.
COLLECTION OR DELIVERY
Before being able to collect your purchases you are required to pay the hammer price, plus the applicable commissions, and obtain a receipt acknowledging payment. Collection of the purchased lots is at the purchaser’s risk and expense and whilst Dreweatts do not provide packing and despatch service we can suggest some carriers. Dreweatts also require that all purchased items are collected within four working days of the sale to avoid a storage charge being applied.
STORAGE CHARGES
All items not collected by 4pm, within four working days of the sale, will be automatically removed to commercial storage and subject to a minimum storage charge of £20 (plus VAT) per lot and to a further storage charge of £3 (plus VAT) per lot per part or full day thereafter. These charges will be the sole liability of the purchaser and will be billed directly to them by Sackville-West Moving & Storing; Sackville-West Moving & Storing may be willing to adjust their charges if they are instructed by the purchaser to deliver to them. On payment of all sales and storage costs, items will be available for collection by appointment from Sackville-West Moving & Storing (Andover), tel: + 44 (0) 2080 909988, email: office@sackvillewest.co.uk. These charges are set by Sackville-West Moving & Storing; we recommend that you contact them directly regarding queries relating to these charges and other questions relating to storage. Staff at the saleroom will be unable to answer questions relating to items that have been removed from the saleroom.
FURTHER INFORMATION
The colours printed in the catalogue are not necessarily a true reflection of the actual item. All weights and measures given in the catalogue should be regarded as approximate.
1. INTRODUCTION The following notes are intended to assist bidders and buyers, particularly those inexperienced or new to our online auctions.
All of our online auctions are governed by our Online Auction Terms and Conditions which include our Conditions of Sale (primarily applicable to buyers) and our consignment terms (primarily applicable to sellers). You are required to accept our Online Auction Terms and Conditions when registering as a registered user but you may be asked to confirm your acceptance before you can place a bid in an online auction. Any particular online auction and/or any particular lot in an online auction may be subject to different or additional terms which will be published in our online auction catalogue. All auctions and sales of wines and spirits, jewellery, watches and clocks are subject to the special terms set out in the relevant Notices in relation to those items published in our online auction catalogue and, in the event of any conflict or inconsistency, those special terms prevail over any other terms in our Online Auction Terms and Conditions.
If there is anything you do not fully understand please contact us prior to the auction using the contact details in your registered user terms.
2. AGENCY As auctioneers we usually act as agents for the seller whose identity, for reasons of confidentiality, is not normally disclosed. If you buy at auction your contract for the item or items purchased is with the seller and not with us as the auctioneer.
3. ESTIMATES Estimates are designed to help buyers gauge what sort of sum might be involved for the purchase of a particular lot. Estimates may change and should not be thought of as the sale price. The lower estimate may represent the reserve price and certainly will not be below it. Estimates do not include the buyer’s premium or VAT (where chargeable). Estimates are prepared some time before the sale and may be altered on the listing for the lot published on our online auction catalogue before the sale. They are in no sense definitive.
4. BUYER'S PREMIUM The Conditions of Sale forming part of our Online Auction Terms and Conditions require the buyer to pay a buyer’s premium on the hammer price of each lot purchased. The buyer’s premium is 26% of the hammer price up to and including £20,000, 25% of the hammer price from £20,001 up to and including £500,000, 20% of the hammer price from £500,001 up to and including £1,000,000, and 12.5% of the hammer price in excess of £1,000,000. VAT at the prevailing rate of 20% is added to buyer’s premium and additional charges as defined below.
5. VAT. A theta symbol (θ) indicates that the lot is a zero rated item and therefore not subject to VAT on the buyer’s premium. This applies to bound books (manuscripts and printed), unframed maps and albums. A dagger symbol (†) indicates that VAT is payable by the purchaser at the standard rate (presently 20%) on the hammer price as well as being an element in the buyers’ premium. This imposition of VAT is likely to be because the seller is registered for VAT within the United Kingdom and is not operating the Dealers Margin Scheme. A double dagger (‡) indicates that the lot is being sold whilst subject to temporary importation and that import VAT at the reduced rate (currently 5%) calculated on the hammer price is due. (Ω) Indicates that the lot has been imported from outside the UK and that import VAT at the standard rate (currently 20%) calculated on the hammer price (inclusive of any applicable duty) is due. Lots offered subject to temporary importation (‡ or Ω) require relevant customs procedure to be completed prior to the property leaving Dreweatts’ premises or being exported. Dreweatts will issue the instruction to a customs broker or shipper upon receipt of full payment for the lots. The import VAT charged for lots with symbols ‡ or Ω can be refunded if Dreweatts is instructed to re-export the property or if the VAT liability is transferred to another Temporary Admission authorisation. Lots which appear without the above symbols indicate that no VAT is payable on the hammer price; this is because such lots are sold using the Auctioneers Margin Scheme and it should be noted that the VAT included within the buyers’ premium is not recoverable as input tax.
6. DESCRIPTION AND CONDITION Condition reports are provided on our website or upon request. The absence of a report does not imply that a lot is without imperfections. The detail in a report will reflect the estimated value of the lot. Large numbers of such requests received shortly before a sale may mean that reports cannot be provided for all lots. Members of staff are not trained restorers or conservators and, particularly for higher value lots, buyers should obtain an opinion from such a professional.
Dreweatts is not liable for damage to gilded picture frames, plaster picture frames or picture frame glass. If a lot is or becomes dangerous, we may dispose of it without notice to bidders in advance in any manner we see fit and will be under no liability for doing so. We recommend that you always view a lot in person.
We are dependent on information provided by the seller about a lot and whilst we may inspect lots and act reasonably in taking a general view about them we are normally unable to carry out a detailed examination, and frequently no examination, of lots in order to ascertain their condition in the way in which it would be wise for a buyer to do. Intending buyers have ample opportunity for inspection of goods and, therefore, accept responsibility for inspecting and investigating lots in which they may be interested and the corresponding risk should they not do so. Inspection of lots is strongly recommended.
Please note carefully the exclusion of liability for the condition of lots contained in the Conditions of Sale. Neither the seller nor we, as the auctioneers, accept any responsibility for their condition. In particular, mechanical objects of any age are not guaranteed to be in working order.
However, in so far as we have examined the goods and make a representation about their condition in our online auction catalogue, we shall be liable for any defect which is not reflected in that representation and which that examination ought to have revealed to the auctioneer but which would not have been revealed to the buyer had the buyer examined the goods.
Additionally, in specified circumstances lots misdescribed because they are ‘deliberate forgeries’ may be returned and repayment made. There is a 3 week time limit. (The expression ‘deliberate forgery’ is defined in our Conditions of Sale).
7. ELECTRICAL GOODS These are sold as ‘antiques’ only and if bought for use must be checked over for compliance with safety regulations by a qualified electrician before you use them.
8. EXPORT OF GOODS Buyers intending to export goods should ascertain (a) whether an export licence is required and (b) whether there is any specific prohibition on importing goods of that character because they may contain prohibited materials such as ivory. Ask us if you need help.
Private overseas buyers can only receive goods free of VAT or have the VAT amount refunded if Dreweatts acts as exporter in relation to the sale, the goods are exported within 3 months of the sale and Dreweatts is in possession of adequate export documents. The VAT refunds are available for transactions exceeding £2,500. If you arrange for the goods to be picked up/delivered to you directly we will charge UK VAT at the appropriate rate and no refund will be available. Please note, buyers are responsible for completing the importation procedures as well as the payment of any relevant duty/VAT payable on importation into the destination country.
Where the purchase has been made in the business or trading name, VAT refund will be available on proof of export provided within 3 months of the sale.
9. BIDDING Online bidders will be required to become a registered user on the website at www.dreweatts.com and to accept the registered user terms and the Online Auction Terms and Conditions before the sale commences. Identification proofs and other information satisfactory to us will be required if you are unknown to us. Please allow time to complete this process and please be aware that if you wish to bid on high value lots then we may need several days to carry out the necessary checks and to accept you as a registered user. Acceptance of an applicant as a registered user is in our absolute discretion. Lots will be invoiced to the registered user.
10. COMMISSION BIDDING Commission bids may be submitted in advance to the auctioneers, including by email, indicating the maximum amount to be bid excluding buyer’s premium. They will be executed as cheaply as possible having regard to the reserve (if any) and competing bids. If two buyers submit identical commission bids the auctioneers may prefer the first bid received. Commission bids are at the risk of the bidder and we do not accept responsibility for and we are not liable for the electronic communication and placement of commission bids.
11. METHODS OF PAYMENT Payment will be accepted, if you are a successful bidder, by debit card issued in the name of the Buyer by a UK bank and registered to a UK billing address; by all major UK issued credit cards issued in the name of the Buyer and registered to a UK billing address with the exception of Diners Club; by bank transfer direct into our bank account, Bank Details: NatWest, 30 Market Place, Newbury, Berkshire RG14 5AG. Account Name: Dreweatts 1759 Ltd. A/C: 62412949, Sort Code: 60-15-07, BIC: NWBKGB2L, IBAN: GB21NWBK60150762412949. The name of the bank account holder should match the name of the buyer. First time buyers who are not present at the saleroom are requested to pay by bank transfer.
12. COLLECTION AND STORAGE Please note what the Conditions of Sale state about collection and storage. It is important that goods are paid for and collected promptly. Any delay may involve the buyer in paying storage charges.
If you purchase a lot as a consumer from a seller who is a trader at a virtual auction (an auction which is held online only so that there is no possibility for you to attend the auction in person), you may have a legal right to cancel your purchase of that lot from the day of the virtual auction up to the day which is 14 days after the date on which you take possession of the lot. Further information is set out in the Conditions of Sale for Online Auctions.
13. λ ARTIST’S RESALE RIGHT (DROIT DE SUITE) ROYALTY CHARGES. Under Artist’s Resale Right (ARR) UK art market professionals (including, but not limited to, auctioneers, art dealers and galleries) are required to collect a royalty for works of art produced by qualifying artists each time a work is resold during the artist’s lifetime and for a period up to 70 years following the artist’s death. This payment is only applicable to qualifying works of art when the hammer price reaches or exceeds £1,000. The charge is calculated on the portions of the hammer price according to the following rate bands:
Royalty Rate Portion of the hammer
4% up to £50,000
3% between £50,000.01 and £200,000
1% between £200,000.01 and £350,000
0.5% between £350,000.01 and £500,000
0.25% in excess of £500,000
The royalty charge is capped at £12,500 per artwork. All royalty charges are passed on, no handling costs or additional fees with respect to these charges will be retained by Dreweatts. The ARR charge is VAT exempt. All items in this catalogue that are marked with λ are potentially qualifying items. The charge will be added to the buyer’s invoice and must be paid before items can be released to the buyer.
1. INTRODUCTION
The sale of goods at our online auctions and a seller’s relationship with us are governed by our Online Auction Terms and Conditions including these Terms of Consignment for Sellers in Online Auctions and our Conditions of Sale for Online Auctions. Any particular online auction and/or any particular lot in an online auction may be subject to different or additional terms which will be published in our online auction catalogue. All auctions and sales of wines and spirits, jewellery, watches and clocks are subject to the special terms set out in the relevant Notices in relation to those items published in our online auction catalogue and, in the event of any conflict or inconsistency, those special terms prevail over any other terms in our Online Auction Terms and Conditions.
Please note that our Online Auction Terms and Conditions including these Terms of Consignment for Sellers in Online Auctions and our Conditions of Sale for Online Auctions relate to auctions held online only and we have separate terms and conditions for auctions held in one of our salerooms.
If you, or another person acting on your behalf, provide goods to us to sell on your behalf at one of our online auctions this signifies that you agree to and will comply with our Online Auction Terms and Conditions including these Terms of Consignment for Sellers in Online Auctions and our Conditions of Sale for Online Auctions.
2. INTERPRETATION
In these Terms the words ‘you’, ‘yours’, etc. refer to the Seller and if the consignment of goods to us is made by an agent or otherwise on the Seller’s behalf we assume that the Seller has authorised the consignment and that the consignor has the Seller’s authority to contract. Similarly the words ‘we’, ‘us’, etc. refer to the Auctioneers.
All obligations that apply to the Seller under these Terms of Consignment for Sellers in Online Auctions shall apply to the owner of the goods and their agent jointly and separately.
3. INFORMATION THAT WE ARE REQUIRED TO GIVE TO CONSUMERS
(a) A description of the main characteristics of the auction-related services that we are providing to you as set out in our Online Auction Terms and Conditions or otherwise agreed with you in writing.
(b) Our name, address and contact details as set out in our Online Auction Terms and Conditions and/or on our Website.
(c) The rate at which we will charge you the Commission plus any applicable VAT as set out in clause 5.
(d) The fee that we will charge you plus any applicable VAT as set out in clauses 14 and 15 if either the goods are unsold at auction or the goods are withdrawn by you from the auction after the goods have been catalogued and/or marketed by us prior to the auction in any way.
(e) The arrangements for collection of any unsold Goods as set out in clause 14 and terms regarding payment of any proceeds due to you set out in clause 19.
4. PROCEDURE FOR CONSIGNING GOODS FOR SALE AT ONLINE AUCTION
If you consign Goods to us for sale at online auction, you will need to provide us with the following information about you, in a form acceptable to us:
(a) Your legal name and proof of identity;
(b) Information about the goods (as set out in clause 14);
(c) Your bank account details;
(d) Your address and contact details;
(e) Your confirmation of whether you are selling the goods as a trader or as a private seller.
If you do not provide us with, or we are not satisfied with any of the above information, we may refuse to accept consignment of your goods for sale in our online auction.
You must provide the goods to us by any stated deadline (at your expense). We may be able to assist you with this process but any liability incurred to a carrier for haulage charges is solely your responsibility.
5. THE CONTRACT BETWEEN YOU AND THE BUYER
We will confirm acceptance of a successful bid for the goods to the buyer by sending the buyer an order confirmation by e-mail (“order confirmation”). The contract between you and the buyer will be formed when we send the buyer the order confirmation
You may directly enforce any terms in our Conditions of Sale for Online Auctions against a buyer and/or a bidder to the extent that you have suffered damages and/or loss as a result of the buyer or the bidder’s breach of those Conditions of Sale for Online Auctions.
If you breach these Terms of Consignment for Online Auctions, you may be responsible for damages and/or losses suffered by a buyer, bidder and/or by us. If we are contacted by a buyer and/or a bidder who wishes to bring a claim against you, we may in our discretion provide the buyer and/or bidder with information or assistance in relation to that claim
If you are a trader you may not list or sell goods anonymously. The listing for your goods will include your name and address
We normally act as an agent only and will not have any responsibility for default by you or the buyer.
6. WARRANTY
The Seller warrants that possession in the lots can be transferred to the Buyer with good and marketable title, free from any third party right and encumbrances, claims or potential claims. The Seller has provided all information concerning the items ownership, condition and provenance, attribution, authenticity, import or export history and of any concerns expressed by third parties concerning the same.
7. COMMISSION and VAT
Commission is charged to sellers, please enquire at our saleroom for these rates.
All commissions and fees are subject to VAT at the prevailing rate.
8. REMOVAL COSTS
Items for sale must be consigned to the saleroom by any stated deadline and at your expense. We may be able to assist you with this process but any liability incurred to a carrier for haulage charges is solely your responsibility.
9. LOSS AND DAMAGE OF GOODS
Loss and Damage Warranty – Dreweatts is not authorised by the FCA to provide insurance to its clients, and does not do so. However Dreweatts for its own protection assumes liability for property consigned to it at the lower pre-sale estimate until the hammer To justify accepting liability, Dreweatts makes a charge of 1.5% of the hammer price plus VAT, subject to a minimum charge of £1.50, or if unsold 1.5% of our lower estimate. The liability assumed by Dreweatts shall be limited to the lower pre-sale estimate or the hammer price if the lot is sold. Dreweatts is not liable for damage to gilded picture frames, plaster picture frames or picture frame glass; if the Lot is or becomes dangerous, we may dispose of it without notice to you in advance in any manner we see fit and will be under no liability for doing so.
If the owner of the goods consigned instructs us in writing not to take such action, the goods then remain entirely at the owner’s risk unless and until the property in them passes to the Buyer or they are collected by or on behalf of the owner, and clause 9 (a) is inapplicable
10. ILLUSTRATIONS AND PHOTOGRAPHS
The cost of any illustrations or photographs is borne by you. If we consider that the Lot should be illustrated your permission will be asked first. If we consider that the Lot should be photographed we may do so unless you specifically request us not to.The copyright in respect of such illustrations and photographs shall be the property of us, the auctioneers, as is the text of the catalogue.
11. MINIMUM BIDS AND OUR DISCRETION
Goods will normally be offered subject to a reserve agreed between us before the online auction in accordance with clause 12. We may sell Lots below the reserve provided we account to you for the same Terms of Consignment for Sellers sale proceeds as you would have received had the hammer price been at the reserve price. If you specifically give us a “discretion” we may accept a bid of up to 10% below the formal reserve.
12. RESERVES
You are entitled to place prior to the online auction a reserve on any lot consigned, being the minimum hammer price at which that lot may be Reserves must be reasonable and we may decline to offer goods which in our opinion would be subject to an unreasonably high reserve (in which case goods carry the storage and loss and damage warranty charges stipulated in these Terms of Consignment).
A reserve once set cannot be changed by you except with our consent.
Where a reserve has been placed only we may bid on your behalf and only up to the reserve (if any) and you may in no circumstances bid personally.
Reserves are not usually accepted for lots expected to realise below £100
13. ELECTRICAL ITEMS
These are subject to detailed statutory safety controls. Where such items are accepted for sale you accept responsibility for the cost of testing by external contractors. Goods not certified as safe by an electrician (unless antiques) will not be accepted for sale. They must be removed at your expense upon your being notified. We reserve the right to dispose of unsafe goods as refuse, at your expense.
14. SOFT FURNISHINGS
The sale of soft furnishings is strictly regulated by statute law in the interests of fire safety. Goods found to infringe safety regulations will not be offered and must be removed at your expense. We reserve the right to dispose of unsafe goods as refuse, at your expense. The rights of disposal referred to in clauses 13 and 14 are subject to the provisions of The Torts (Interference with Goods) Act 1977.
15. DESCRIPTION
Please assist us with all information available to you as to the provenance, lawful import etc. of goods where this is relevant. There is strict liability for the accuracy of descriptions under modern consumer legislation and in some circumstances responsibility lies with sellers if inaccuracies occur. We will assume that you have approved the catalogue description of your lots and that the lots match those descriptions unless informed to the contrary.
Where we are obliged to return the price to the buyer when the lot is a deliberate forgery under Condition 15 of the Conditions of Sale and we have accounted to you for the proceeds of sale you agree to promptly reimburse us the sale proceeds and in any event within 7 days of our written notice to do so.
16. UNSOLD
If an item is unsold it may at our discretion be re-offered at a future sale.
Where in our opinion an item is unsaleable you must collect such items from us promptly on being so informed. Otherwise, storage charges may be incurred. We reserve the right to charge for storage in these circumstances at a reasonable daily rate.
17. WITHDRAWN AND BOUGHT IN ITEMS
These are liable to incur a charge of 15% commission, 1.5% Loss and Damage Warranty and any other costs incurred including but not limited to illustration and restoration fees, all of these charges being subject to VAT, on being bought in or withdrawn after being catalogued.
18. CONDITIONS OF SALE
You agree that all goods will be sold on our Conditions of Sale for Online Auctions. In particular you undertake to us that you have the right to sell the goods either as owner or agent for the owner with good and marketable title and free and clear of any third party rights or claims. You undertake to reimburse to us and any buyer or third party all losses, liabilities, costs and expenses suffered or incurred arising out of or in connection with any breach of this undertaking. We will also, at our discretion, and as far as practicable, confirm that an item consigned for sale does not appear on the Art Loss register, which is administered by an independent third party.
19. DUE DILIGENCE CHECKS AND ANTI-MONEY LAUNDERING PROCEDURES
Under the money laundering regulations in force we are required to carry out relevant due diligence checks. This includes verifying the identity of all customers we transact with as well as any beneficial owners on behalf of whom they may transact. Vendors who are unable to or refuse to supply required identification documents and proof of address will not be able to consign to Dreweatts auctions. Copies of customer due diligence checks will be stored for as long as it is necessary to satisfy legal requirements in an appropriate storage facility, which for the avoidance of doubt may include storage solely in electronic form. We reserve the right to withhold the monies owed until the vendor provides the information necessary to complete the anti-money laundering checks.
20. AUTHORITY TO DEDUCT COMMISSION AND EXPENSES AND RETAIN PREMIUM AND INTEREST
(a) You authorise us to deduct our commission at the stated rate and all expenses incurred on your account (plus VAT) from the hammer price and consent to our right to charge and retain beneficially the premium paid by the buyer in accordance with our Conditions of Sale for Online Auctions and any interest earned on the sale proceeds until the date of settlement.
(b) You authorise us in our discretion to negotiate a sale by private treaty not later than the close of business 48 hours after the day of sale in the case of lots unsold at auction, in which case the same charges will be payable as if such lots had been sold at auction and so far as appropriate these Terms apply.
21. WAREHOUSING
We disclaim all liability for goods delivered to our premises for inclusion in an online auction without sufficient sale instructions and reserve the right to charge you a minimum warehousing charge of £10 per lot per day. Unsold lots are subject to the same charges if you do not remove them within a reasonable time of notification. If not removed within three weeks we reserve the right to sell them and defray charges from any net proceeds of sale or at your expense to consign them to the local authority for disposal.
22. ONLINE AUCTION SERVICES
Our Website and our online auction facilities and services are provided by us or our service providers without any warranties or guarantees. All users of our Website and our online auction facilities and services bear the risks associated with the use of the internet. If, because of any technical difficulties or errors an online auction cannot be completed or properly conducted, our only responsibility to you is to enable you to re-list the goods once our online auction service is back up. In particular, we will not be liable to you for any loss of opportunity or disappointment suffered as a result of participating in our online auction.
23. SETTLEMENT
Subject to (b) and (c) below, after sale settlement of the net sum due to you normally takes place within 28 days of the sale unless the buyer has not paid for the goods or the checks necessary under the current Money Laundering Regulations have not been completed. In this case no settlement will then be made but we will take your instructions in the light of our Conditions of Sale for Online Auctions. You authorise any sums owed by you to us on other transactions to be deducted from the sale proceeds. You must note the liability to reimburse the proceeds of sale to us as under the circumstances provided for in Condition 15 above. You should therefore bear this potential liability in mind before parting with the proceeds of sale until the expiry of 28 days from the date of sale.
If you are a trader and the Buyer is a consumer who buys the goods at a virtual auction (an auction which is held online only so that there is no possibility for the Buyer to attend the auction in person), the Buyer may have the right to cancel its purchase of the goods from the date of the auction until the date that is 14 days after the day the buyer (or his agent) took possession of the goods. If the Buyer notifies us during this cancellation period that he wishes to cancel his purchase of the goods, we will promptly notify you in writing.
If the Buyer is a consumer and has paid for and collected the goods, we will pay the net sum due to you on the later of: (a) 28 days in accordance with (a) above, and (b) the end of the cancellation period, in each case if no cancellation notice is received from the buyer. If the Buyer is a consumer, has paid for the Goods but has not collected them within 28 days of the last day of the auction, we will pay the proceeds to you as set out in (a) above and if we do receive a cancellation notice from the Buyer, you will promptly, and in any event within 7 days, transfer to us a sum equal to the proceeds so that we may refund the Buyer. We will not refund the Buyer until the goods have been returned to us or the Buyer has provided us with proof of shipping the goods to us. Please note that failure to transfer this sum to us will be a breach of these Terms of Consignment for Online Auctions, for which we may take legal action against you.
24. REGISTERED USER TERMS
All sellers must be registered users and accept our registered user terms in order to sell items at or otherwise participate in our online auctions. Your registered user terms are incorporated into and form part of our Online Auction Terms and Conditions.
Dreweatts carries on business with bidders, buyers and all those participating in an online auction on our Online Auction Terms and Conditions including these Conditions of Sale for Online Auctions, and all bidders, buyers and others participating in an online auction accept that these terms apply to the exclusion of any terms and conditions contained in any of those person’s own documents even if the same purport to provide that that person’s own or some other terms prevail.
Any particular online auction and/or any particular lot in an online auction may be subject to different or additional terms which will be published in our online auction catalogue. Please note that our Online Auction Terms and Conditions including these Conditions of Sale for Online Auctions relate to auctions held online only and we have separate terms and conditions for auctions held in one of our salerooms.
DEFINITIONS
In these Conditions:
(a) “auctioneer” means the firm of Dreweatts or its authorised auctioneer, as appropriate;
(b) “deliberate forgery” means an imitation made with the intention of deceiving as to authorship, origin, date, age, period, culture or source but which is unequivocally described in the catalogue as being the work of a particular creator and which at the date of the sale had a value materially less than it would have had if it had been in accordance with the description;
(c) “hammer price” means the level of bidding reached (at or above any reserve) when the auctioneer brings down the hammer;
(d) “terms of consignment” means the stipulated terms and rates of commission on which Dreweatts accepts instructions from sellers or their agents;
(e) “total amount due” means the hammer price in respect of the lot sold together with any premium, Value Added Tax chargeable and any additional charges payable by a defaulting buyer under these Conditions;
(f) “sale proceeds” means the net amount due to the seller, being the hammer price of the lot sold less commission at the stated rate, Value Added Tax chargeable and any other amounts due to us by the seller in whatever capacity and however arising;
(g) “You”, “Your”, etc refer to the buyer as identified in Condition 2.
(h) The singular includes the plural and vice versa as appropriate.
INFORMATION THAT WE ARE REQUIRED TO GIVE TO CONSUMERS
A description of the main characteristics of a lot is contained in the online auction catalogue which includes that lot. This description will also be contained in the order confirmation referred to in Condition 7.
Our name, address and contact details as set out herein and/or on our Website.
If the Seller of a lot is a trader, the identity of the Seller and the Seller’s business address are as set out in the listing for the lot.
The technical means for concluding the contract to buy lots are set out in Condition 3. If you have made a mistake in inputting information, please click on the back arrow and you will be able to change it (but we accept no liability for any technical functions or errors).
The price of the goods and arrangements for payment as described in Conditions 5, 6, 7 and 9.
The arrangements for collection of the goods as set out in the order confirmation and in Conditions 10 and 13.
Your right to cancel your purchase of a lot and to receive a refund as set out in Condition 11 (provided you return the lot to us at your own cost) and a copy of the model cancellation form (attached).
Your right to return a lot and receive a refund if the lot is a deliberate forgery as set out in Condition 20.
We and any Sellers who are traders have a legal duty to supply lots to you in accordance with these Conditions of Sale for Online Auctions.
If you have any complaints, please send them to either the Seller, if the Seller is a trader at the address we provide to you for the trader, or to us directly at the address set out on our Website.
BIDDING PROCEDURES AND THE BUYER
(a) All bidders must be registered users and accept our registered user terms before bidding on items at or otherwise participating in our online auctions. Your registered user terms are incorporated into and form part of our Online Auction Terms and Conditions.
(b) The maker of the highest bid accepted by the auctioneer conducting the sale shall be the buyer at the hammer price and any dispute about a bid shall be settled at the auctioneer’s absolute discretion by reoffering the lot during the course of the auction or other The auctioneer shall act reasonably in exercising this discretion.
(c) Bidders shall be deemed to act as
(d) Our right to bid on behalf of the seller is expressly reserved up to the amount of any reserve and our right to refuse any bid is also reserved.
INCREMENTS
Bidding increments shall be at the auctioneer’s sole discretion.
THE PURCHASE PRICE
The buyer shall pay the purchase price together with a premium thereon of 30% which shall include VAT on the premium at the rate imposed by law. The buyer will also be liable for any royalties payable under Droit de Suite as set out under Information for Buyers.
VALUE ADDED TAX
Value Added Tax on the hammer price is imposed by law on all items affixed with an asterisk or double asterisk. Value Added Tax is charged at the appropriate rate prevailing by law at the date of sale and is payable by buyers of relevant Lots. (Please refer to “Information for Buyers” for a brief explanation of the VAT position).
ORDER CONFIRMATION PROCESS
Once we have received your successful bid on a lot, an automated confirmation of receipt will be displayed on the online auction platform. Please note that this does not mean that your bid has been accepted or that a contract has been made. We will confirm acceptance of your bid to you by sending you an order confirmation by e-mail which confirms that we have accepted your bid and that the lot will be ready for you to collect at the given location following our receipt of the total amount due from you in cleared funds. The contract between the Seller and you will only be formed when we send you the order confirmation.
The order confirmation will include the following information:
(a) the description of the lot that you have successfully bid for;
(b) the hammer price for the lot that you have successfully bid for plus the premium and any applicable VAT;
(c) confirmation of the arrangements for your payment for and collection of the lot;
(d) details of your right to cancel your contract and a model cancellation form;
(e) details of our legal duty to supply the lot in conformity with these Conditions of Sale for Online Auctions;
(f) our identity, address and contact details, and how you can complain;
(g) the identity of the Seller and the Seller’s business address if the Seller is a trader;
(h) details of your right to return the lot and receive a refund if the lot is a deliberate forgery; and a copy of our Online Auctions Terms and Conditions.
We reserve the right to cancel your contract on behalf of the Seller in (amongst others) the following situations, without being liable for any damage or costs:
(i) your contact or billing information is not correct or not verifiable;
(ii) your bid is flagged up by our security systems as an unusual bid or a bid susceptible to fraud; or
(iii) your payment is not received within 3 working days of our acceptance of your bid.
THE CONTRACT BETWEEN YOU AND THE SELLER
As set out at Condition 7, we will confirm acceptance of a successful bid for a lot to you by sending you an order confirmation by e-mail. The contract between you and the Seller will be formed when we send you the order confirmation.
If you breach these Conditions of Sale for Online Auctions, you may be responsible for damages and/or losses suffered by a Seller or us. If we are contacted by a Seller who wishes to bring a claim against you, we may in our discretion provide the Seller with information or assistance in relation to that claim.
PAYMENT
(a) Immediately a Lot is sold you will:
(i) give to us, if requested, proof of identity, and
(ii) pay to us the total amount due or in such other way as is agreed by us.
(b) Any payments by you to us may be applied by us towards any sums owing from you to us on any account whatever without regard to any directions of you or your agent, whether expressed or implied.
(c) In order to comply with money laundering regulations we reserve the right to require proof of source of funds and/or confirmation of the nature and source of wealth for all receipts of monies from clients directly or from third parties for payments on behalf of clients. Lots will only be released once the appropriate once we have completed necessary checks under the current Money Laundering Regulations.
TITLE AND COLLECTION OF PURCHASES
(a) The ownership of any Lots purchased shall not pass to you until you have made payment in full to us of the total amount due.
(b) You shall at your own risk and expense take away any lots that you have purchased and paid for not later than 3 working days following the day of the auction after which you shall be responsible for any removal, storage and insurance charges.
(c) No purchase can be claimed or removed until it has been paid for and we have completed necessary checks under the current Money Laundering Regulations.
RIGHT TO CANCEL
(a) If you purchase a lot at a virtual auction (an auction which is held online only so that there is no possibility for you to attend the auction in person) and you are contracting as a consumer and the Seller of a lot is a trader, you will have a statutory right to cancel your purchase of that lot if you change your mind for any reason. The provisions below set out your legal right to cancel in those circumstances.
(b) You may cancel your purchase at any time from the date of our order confirmation up to the end of the fourteenth day after the day of collection of the lot by you or the person specified by you for collection.
(c) To cancel your purchase, you must inform us of your intention to cancel it. You can do this by completing the model cancellation form attached to these Conditions of Sale for Online Auctions. If you use this method we will email you to confirm that we have received your cancellation. Alternatively , you send us your cancellation notice by any other method and then your cancellation is effective from the date you send us the email or post the letter to us.
(d) If you exercise your right to cancel your purchase, you will receive a refund of the total amount due paid for the lot in accordance with Condition 12. When exercising the cancellation right, you must return the lots to us immediately at your own cost (as set out below).
(e) You are entitled to a reasonable opportunity to inspect the lots (which will include removing them from their packaging and inspecting them). At all times, you must take reasonable care of the lots and must not let them out of your possession. If you are in breach of your obligations to take reasonable care of the lots in this Condition 11(e), we will have a claim against you and may deduct from the refund costs incurred by us as a result of the breach.
(f) This provision does not affect your statutory rights.
(g) The cancellation right described in this Condition is in addition to any other right that you might have to reject a lot, for instance because it is a deliberate forgery as set out in Condition 20 below.
EXERCISING THE RIGHT TO CANCEL
(a) Where you have validly returned a lot to us under your right of cancellation described in Condition 11, we will refund the full amount paid by you for the lot.
(b) Please note that we are permitted by law to reduce your refund to reflect any reduction in the value of the lot, if this has been caused by your handling of the lot in a way contrary to the conditions specified in these terms or which would not be permitted during a pre-sale exhibition held prior to an auction. If we refund you the price paid before we are able to inspect the lot and later discover you have handled the lot in an unacceptable way, you must pay us an appropriate amount.
(c) You will be responsible for returning the lot to us at your own cost.
(d) We will process any refund due to you within the deadlines below:
(i) if you have collected the Lot but have not returned it to us: fourteen days after the day on which we receive the Lot back from you or, if earlier, the day on which you provide us with evidence that you have sent the Lot back to us; or
(ii) if you have not collected the Lot or you have already returned the Lot to us: 14 days after you inform us of your decision to cancel your contract.
(e) We will refund you using the same means of payment that you used for the transaction.
(f) Legal ownership of a Lot will immediately revert to the Seller if we refund any such payment to you.
REMEDIES FOR NON-PAYMENT OR FAILURE TO COLLECT PURCHASES
(a) If any Lot is not paid for in full and taken away in accordance with these Conditions or if there is any other breach of these Conditions, we, as agent for the seller and on our own behalf, shall at our absolute discretion and without prejudice to any other rights we may have, be entitled to exercise one or more of the following rights and remedies:
(i) to proceed against you for damages for breach of contract;
(ii) to rescind the sale of that Lot and/or any other Lots sold by us to you;
(iii) to resell the Lot (by auction or private treaty) in which case you shall be responsible for any resulting deficiency in the total amount due (after crediting any part payment and adding any resale costs). Any surplus so arising shall belong to the seller;
(iv) to remove, store and insure the Lot at your expense and, in the case of storage, either at our premises or elsewhere;
(v) to charge interest at a rate not exceeding 1.5% per month on the total amount due to the extent it remains unpaid for more than 3 working days after the sale;
(vi) to retain that or any other Lot sold to you until you pay the total amount due;
(vii) to reject or ignore bids from you or your agent at future auctions or to impose conditions before any such bids shall be accepted;
(viii) to apply any proceeds of sale of other Lots due or in future becoming due to you towards the settlement of the total amount due and to exercise a lien (that is a right to retain possession of) any of your property in our possession for any purpose until the debt due is
(b) We shall, as agent for the seller and on our own behalf pursue these rights and remedies only so far as is reasonable to make appropriate recovery in respect of breach of these conditions
COMMISSION BIDS
Whilst prospective buyers are strongly advised to participate personally in an online auction and are always responsible for any decision to bid for a particular Lot and shall be assumed to have carefully inspected and satisfied themselves as to its condition, we will if so instructed clearly and in writing execute bids on their behalf. Neither the auctioneer nor our employees or agents shall be responsible for any failure to do so. Where two or more commission bids at the same level are recorded we reserve the right in our absolute discretion to prefer the first bid so made.
WARRANTIES
The seller warrants to the auctioneer and you that the seller is the true owner of the property consigned or is properly authorised by the true owner to consign for sale and is able to transfer good and marketable title to the property free from any third party claims.
(b) If you purchase a Lot as a consumer from a Seller that is a trader, a number of additional terms may be implied by law in addition to the Seller’s warranties set out in Condition 15(a) (in particular under the Consumer Rights Act 2015). These Conditions of Sale for Online Auctions do not seek to exclude your rights under law as they relate to the sale of these Lots.
(c) Save as expressly set out above, all other warranties, conditions or other terms which might have effect between the Seller and you, or us and you, or be implied or incorporated by statute, common law or otherwise are excluded
AGENCY
The auctioneer normally acts as agent only and disclaims any responsibility for default by sellers or buyers.
TERMS OF SALE
The Seller acknowledges that Lots are sold subject to the stipulations of these Conditions in their entirety and on the Terms of Consignment for Online Auctions as notified to the consignor at the time of the entry of the Lot.
DESCRIPTION AND CONDITION
Whilst we seek to describe lots accurately, it may be impractical for us to carry out exhaustive due diligence on each Prospective buyers are given ample opportunities to view and inspect before any sale and they (and any independent experts on their behalf) must satisfy themselves as to the accuracy of any description applied to a lot. You are strongly recommended to inspect any lots and, if you elect to participate in an auction online when that auction offers the possibility for bidders to attend in person, then you do so at your own risk.
Prospective buyers also bid on the understanding that, inevitably, representations or statements by us as to authorship, genuineness, origin, date, age, provenance, condition or estimated selling price involve matters of opinion. We undertake that any such opinion shall be honestly and reasonably held and accept liability for opinions given negligently or fraudulently. Subject to the foregoing neither we the auctioneer nor our employees or agents nor the seller accept liability for the correctness of such opinions and all conditions and warranties, whether relating to description, condition or quality of lots, express, implied or statutory, are hereby excluded. Dreweatts is not liable for damage to gilded picture frames, plaster picture frames or picture frame glass; if the Lot is or becomes dangerous, we may dispose of it without notice to you in advance in any manner we see fit and will be under no liability for doing so. This Condition is subject to the next following Condition concerning deliberate forgeries and applies save as provided for in paragraph 6 “information to buyers”.
Private treaty sales made under these Conditions are deemed to be sales by auction for purposes of consumer legislation
FORGERIES
Notwithstanding the preceding Condition, any Lot which proves to be a deliberate forgery (as defined) may be returned to us by you within 21 days of the auction provided it is in the same condition as when bought, and is accompanied by particulars identifying it from the relevant catalogue description and a written statement of defects. If we are satisfied from the evidence presented that the Lot is a deliberate forgery we shall refund the money paid by you for the Lot including any buyer’s premium provided that
(1) if the catalogue description reflected the accepted view of scholars and experts as at the date of sale or (2) you personally are not able to transfer a good and marketable title to us, you shall have no rights under this condition. The right of return provided by this Condition is additional to any right or remedy provided by law or by these Conditions of Sale.
PRIVACY NOTICE
We will hold and process any personal data in relation to you in accordance with our current privacy policy, a copy of which is available on our website
ONLINE AUCTION SERVICES
Our Website and our online auction facilities and services are provided by us or our service providers without any warranties or guarantees. All users of our Website and our online auction facilities and services bear the risks associated with the use of the internet. If, because of any technical difficulties or errors an online auction cannot be completed or properly conducted, our only responsibility to you is to enable the Sellers to re-list the goods once our online auction service is back up. In particular, we will not be liable to you for any loss of opportunity or disappointment suffered as a result of participating in our online auction.
GENERAL
We shall have the right at our discretion, to refuse admission to our premises or attendance at our auctions by any
(a) Any right to compensation for losses liabilities and expenses incurred in respect of and as a result of any breach of these Conditions and any exclusions provided by them shall be available to the seller and/or the auctioneer as appropriate
(b) Such rights and exclusions shall extend to and be deemed to be for the benefit of employees and agents of the seller and/or the auctioneer who may themselves enforce them.
Any notice to any buyer, seller, bidder or viewer may be given by first class mail, email or Swiftmail in which case it shall be deemed to have been received by the addressee 48 hours after posting.
Special terms may be used in catalogue descriptions of particular classes of items in which case the descriptions must be interpreted in accordance with any glossary appearing at the commencement of the
Any indulgence extended to bidders, buyers or sellers by us notwithstanding the strict terms of these Conditions or of the Terms of Consignment shall affect the position at the relevant time only and in respect of that particular concession only; in all other respects these Conditions shall be construed as having full force and
These Conditions shall be governed by and construed in accordance with English law and the parties irrevocably submit to the exclusive jurisdiction of the English courts.
CANCELLATION FORM
(Complete and return this form only if you wish to withdraw from the Contract and cancel your purchase of a lot)
To [ insert name address, telephone number and email address of the auctioneer]
1/We [*] hereby give notice that 1/We [*] cancel my/our (*] contract of sale of the following goods[*]:
Auction Title:
Auction Date:
Lot No:
Brief Description of Lot:
Bid successfully on [*]/received on [*]:
Name of consumer(s):
Address of consumer(s):
Signature of consumer(s) (only if this form is notified on paper):
Date:
[*] Delete as appropriate
1. Dreweatts valuation report is prepared for the client to whom it is addressed for the specific purpose for which it is requested, and should not be relied upon by any other person or for any other purpose. Neither the whole nor any part of the valuation or any reference thereto may be included in any published document, circular or statement nor published in any way without Dreweatts approval of the form and context in which it may appear.
2. The client requesting the valuation report represents and warrants to Dreweatts that he or she is duly authorised, or is entitled, to have the property valued. In issuing a valuation report Dreweatts expresses no opinion as to ownership of items valued.
3. Dreweatts fees for valuation work will be at Dreweatts standard rates applying from time to time, or on such other basis as may be agreed. Particulars of the standard rates are available on request and VAT will be added where applicable. Should the client cancel the valuation appointment giving less than 48 hours’ notice, the minimum valuation fee as specified in the particulars of standard rates shall apply.
4. Dreweatts makes no representation and gives no warranty that the property will realise the amount at which it is valued, upon a subsequent sale by public auction or by other means.
5. Unless otherwise agreed in writing, values given in the report are provided for the purpose stated without the benefit of the further research that would normally be undertaken prior to any sale of the property and, in particular, Dreweatts have not considered the attribution or authenticity of items with any third party expert or authority. Accordingly, in the absence of a written agreement to the contrary, no representation is made, warranty given, or responsibility accepted in the valuation report as to the attribution or authenticity of any item.
6. The client agrees that he or she will not call upon Dreweatts to give evidence in legal or other proceedings concerning the contents of a valuation report except that, where requested, Dreweatts will take reasonable steps to justify its valuations prepared for tax purposes in response to enquiries made by HM Revenue & Customs.
7. The client acknowledges that Dreweatts offers its valuation services as an auctioneers and valuers, and not as a retail outlet. When requested to do so Dreweatts will put forward values at a level agreed with the client to reflect the cost of replacement at retail prices, but accepts no responsibility for the accuracy of its estimates on profit margins, the cost of facsimile replacement (if applicable), or other relevant factors applicable to the retail trade.
8. In issuing a valuation report Dreweatts expresses no opinion as to the commercial value of exploiting intellectual property or other intangible rights attaching to items valued.
9. When providing valuations via our website or by email Dreweatts specialists will provide the most accurate auction estimate based only upon the information and images provided. The auction estimates are the price range within with Dreweatts specialists believe the item will sell. These are provisional only and subject to change based on first hand inspection. The valuations are provided exclusively for the use of the client for the specific purpose of consigning property to Dreweatts and are not to be used for any other purpose.
DAMAGE, RESTORATION, ALTERATION
Although every effort is made to note any damage, restoration or alterations, the absence of any such information in catalogue descriptions does not imply the lot is in perfect condition and free from any such defects. Prospective buyers should satisfy themselves as to the condition of any lot prior to bidding. All watches are serviced from time to time, and Dreweatts are unable to guarantee that the working parts of any watch movement, glass or crystal, winding crowns, watch bracelet, strap or buckle are the manufacturers’ original parts, unless otherwise stated in the catalogue description. We are unable to make any representation in our catalogue descriptions or condition reports as to the authenticity of such parts. Dreweatts are unable to make any representation, nor make any comment on, the authenticity of diamonds, or other gemstones, set into watch dials, bezels, cases and bracelets.
AUTHENTICATION
All watch movements have been inspected by Dreweatts watchmaker and specialists, and we have verified all inventory and movement numbers. For the information of potential bidders, all inventory and movement numbers are listed in the catalogue description for the relevant lot.
IMPORT/EXPORT RESTRICTIONS
There may be Import Restrictions into some territories outside the United Kingdom placed on certain watch brands, or on the importation of watches with straps composed of animal skins which may fall under CITES Regulations. It is the sole responsibility of the buyer to comply with all Export/Import regulations and potential bidders are strongly recommended to check with their shipping agent as to any such regulations that may apply to any lot. Dreweatts are not shippers and are unable to offer any advice regarding such regulations.
CONDITION REPORTS
Dreweatts condition reports will identify whether a watch functions at the time of cataloguing, and suggest possible, but not comprehensive, restoration work that may need to be carried out for the watch to function properly. Dreweatts are unable to test watches for accuracy or running to time, and we cannot guarantee that any watch will function when purchased from us. As we have examined all watch movements by removing the case backs, we cannot guarantee that water resistant watches will remain water resistant following purchase from us. Dreweatts recommend that any watch purchased from us is subsequently overhauled by a competent watchmaker to ensure proper functioning.
DAMAGE, RESTORATION, ALTERATION
Although every effort is made to note any damage, restoration or alterations, the absence of any such information in catalogue descriptions does not imply the lot is in perfect condition and free for any such defects. Prospective buyers should satisfy themselves as to the condition of any lot prior to bidding.
ENHANCEMENT
Prospective bidders should be aware that many coloured gems have been historically treated by a variety of methods to improve their appearance, both in terms of colour and transparency. Rubies and sapphires are routinely heat treated, emeralds are enhanced through the use of coloured and transparent oils and resins, and jadeite is routinely stained. These treatments, and others including irradiation and coating, are generally accepted by the jewellery trade as standard practice. Although most treatments are considered to be permanent, those gemstones which have been oiled may need to be re-treated to maintain their appearance. Any such treatments affect the market value of coloured gemstones, and Dreweatts pre-sale estimates published in the catalogue assume that all gemstones, unless otherwise stated in the catalogue, may have been enhanced. Dreweatts may obtain Gemmological Reports from a recognised laboratory where appropriate detailing any enhancements, or lack of, for certain gemstones, and such reports may be obtained for prospective bidders prior to the sale, provided such requests are made at least three weeks before the sale, and that the requesting party has prepaid for such a report. However it is not possible for Dreweatts to obtain reports for every stone offered in the sale. In the absence of a gemmological laboratory report, it is not possible for Dreweatts to make any comment on the possibility that any gemstone in any lot may have been subject to enhancement. Dreweatts catalogue descriptions and condition reports adhere to the guidelines laid out in the ‘Blue Book’ of CIBJO, the International Jewellery Confederation.
WEIGHTS
All gram weights have been obtained using an electronic balance, but weights stated in the catalogue are approximate and for guidance only, and potential bidders should satisfy themselves as to their accuracy.
‘…approximately 1.20 carats total,…’ all such stone weights are estimated using standard equipment and formulae, and are subject to the limitations imposed by the mount.
‘…weighing 1.20 carats,…’ where the description reads as such, the stones in question have been removed from the mount and weighted using an electronic balance.
SIGNATURES
‘…by Lacloche,…’ in our opinion is a piece made by or for the jeweller, bearing relevant signatures, maker’s marks, and where appropriate, the maker’s inventory number/s.
‘…signed Lacloche,…’ in our opinion is a piece retained by the jeweller, but not necessarily made by them. This may also mean that the piece has been mounted by the jeweller using stones supplied by the client; a special commission from a client’s design; or has been altered or later added to.
COLOURED STONES OF BURMA (MYANMAR) ORIGIN
Buyers should be aware that certain territories (notably the United States of America) have import restrictions on certain coloured gemstones. All gemstones that maybe of Burma (Myanmar) origin, notably rubies and jadeite, may require a certificate of origin before they can be imported. Prospective bidders for such gemstones should check with their shipper, and relevant Government authorities regarding any necessary certification prior to bidding. Whilst Dreweatts are able to suggest a number of Gemmological Laboratories for such certification, we are unable to carry out any such certification for potential bidders or buyers.
Bloomsbury Auctions is a trading name of Dreweatts 1759 Ltd. Dreweatts 1759 Ltd is registered in England, company number: 10758982, registered office: C/O Bishop Fleming LLP, 10 Temple Back, Bristol BS1 6FL.
BUYING AT BLOOMSBURY AUCTIONS
There are several ways you can bid at a Bloomsbury Auctions auction; in person, by leaving a commission or absentee bid, on the telephone where available and live via the internet - please make arrangements before the sale. THIS NOTICE APPLIES ONLY TO A PERSON WHO WISHES TO BID IN PERSON, OR BY LEAVING A COMMISSION OR ABSENTEE BID, AT A BLOOMSBURY AUCTIONS PUBLIC AUCTION. For bidding at an online auction or for online bidding at a public auction please see our Online Auction Terms published on our website at www.bloomsburyauctions.com.
BIDDING IN PERSON
If intending to buy you are required to register your name and details at reception prior to the commencement of the auction. You will then be allocated a bidding number, which you use when bidding for an item.
COLLATION OF BOOKS
If, on collation, any NAMED items in the catalogue prove defective, in text or illustration, the purchaser may reject the lot provided he returns it within fourteen days stating the defect in writing. This however will not apply in the case of un-named items, periodicals, autograph letters, manuscripts, music, maps, atlases, prints or drawings, nor in respect of damage to bindings, stains, foxing, marginal wormholes or other defects not affecting the completeness of the text, nor in respect of lack of list of plates, inserted advertisements, cancels or subsequently published volumes, supplements, appendices or plates or error in the enumerating of the plates, nor in respect of defects mentioned in the catalogue or announced at the time of sale.
EXPORT LICENCES
A licence from the Export Licensing Unit is required before manuscripts, miniatures and printed books with significant manuscript additions may be exported from the United Kingdom. Bloomsbury Auctions are more than happy to arrange this, free of charge. For further details, please contact the department directly:
Tel: 44 (0) 20 7839 8880
Email: info@bloomsburyauctions.com
COMMISSION BIDS
Bloomsbury Auctions will execute bids on your behalf if you are unable to attend the sale. Commission or absentee bids are accepted either directly at reception, or can be sent by post, fax, email, telephone or via the website: www.bloomsburyauctions.com.
Bloomsbury Auctions will add these bids to the auctioneers’ sale book and will undertake to purchase the lots on your behalf as cheaply as allowed by other bids and reserves. If two buyers submit identical commission bids Bloomsbury Auctions may prefer the first bid received.
Bloomsbury Auctions does not accept liability for failing to execute commission bids, or for any errors or omissions.
CONDITION
Bidders must satisfy themselves as to the condition of each lot. Inspection of lots is strongly recommended. Condition reports are available on request - see the Conditions of Business at the back of the printed catalogue forming part of these Auction Terms and Conditions for more information regarding condition reports. Requests for condition reports must be submitted by 4pm on the day prior to the auction; condition reports may be available alongside the lot description on the online catalogue at: www.bloomsburyauctions.com. Please note that Bloomsbury Auctions are unable to give verbal condition reports for any lot, and all condition reports will be given in writing via our website.
COMMISSION CHARGES
All purchases are subject to a buyer’s premium, which is charged per lot at 26% of the hammer price (31.2% including VAT) up to and including £20,000, 25% (30% including VAT) of the hammer price from £20,001 up to and including £500,000, 20% (24% including VAT) of the hammer price from £500,001 up to and including £1,000,000 and 12.5% of the hammer price (15% including VAT) in excess of £1,000,000. A theta symbol (θ) indicates that the lot is a zero rated item and therefore not subject to VAT on the buyer’s premium. This applies to bound books (manuscripts and printed), unframed maps and albums. In the event the lot has a dagger (†) beside the lot number in the catalogue, this indicates that the lot is owned by an entity or company required to pay VAT (generally not an Antique Dealer, as they operate under a dealers margin scheme). VAT is payable at 20% on the Hammer Price. Lots marked with a double dagger (‡) (presently a reduced rate of 5%) or Ω (presently at standard rate of 20%) have been imported from outside the UK under Temporary Admission regime and therefore the buyer must pay the import VAT at the appropriate rate on the duty inclusive hammer price.
PAYMENT
Payment will be accepted, if you are a successful bidder, by debit card issued in the name of the Buyer by a UK bank and registered to a UK billing address; by all major UK issued credit cards issued in the name of the Buyer and registered to a UK billing address with the exception of Diners Club; by bank transfer direct into our bank account, Bank Details: NatWest, 30 Market Place, Newbury, Berkshire RG14 5AG. Account Name: Dreweatts 1759 Ltd. A/C: 62412949, Sort Code: 60-15-07, BIC: NWBKGB2L, IBAN: GB21NWBK60150762412949. The name of the bank account holder should match the name of the buyer. First time buyers who are not present at the saleroom are requested to pay by bank transfer.
Υ CITES REGULATIONS
Please note that lots marked with the symbol (Υ) in the printed catalogue and the online catalogue may be subject to CITES Regulations when exported. Relevant CITES Regulations information may be found here.
COLLECTION OR DELIVERY
For manuscript items Bloomsbury Auctions offer an in-house shipping service. Please contact the department via info@bloomsburyauctions.com for a shipping quote after the sale. Alternatively, we can liaise with your preferred shipper, and notify them when export licences have been granted and the item can be collected. Please note that the items cannot be released until they are paid for in full, and we will need your prior authorisation before we release goods to any packer / shipper.
FURTHER INFORMATION
The colours printed in the printed catalogue are not necessarily a true reflection of the actual item. All weights and measures given in the catalogue should be regarded as approximate.
VALUATION SERVICES
Bloomsbury Auctions provides a range of confidential and professional valuation services to private clients, solicitors, executors, estate managers, trustees and other professional partners. These services include auction valuations, insurance valuations, probate valuations, private treaty valuations, valuations for family division or for tax purposes. For more information, please see our website: www.bloomsburyauctions.com.
BLOOMSBURY AUCTIONS
16-17 Pall Mall, St James's, London SW1Y 5LU
Opening hours: Monday-Friday, 9.30am-5.30pm
Movements, dials and cases: movements and dials are described as relating to the cases in which they are housed in one of the following three ways:
the case… we are of the opinion that the movement and dial started life in the current case.
in a case… we are of the opinion that the movement and dial are in a case of correct period and type (and may well be original to the movement and dial), however there is evidence to suggest that they may not have started out life together.
now in a case… we are of the opinion that the movement and dial are no longer in the original case as it is not of correct period and/or type.
Pendulums, weights, winding and case keys: unless specifically indicated otherwise in the catalogue description it can be assumed that all clocks with cases are sold with the requisite pendulum and correct number of weights (where appropriate), however we cannot guarantee that they are original to the clock. This excludes lantern clocks or loose movements which are more often than not offered without pendulums or weights. We do not indicate in the catalogue description whether winding or case keys are present with any specific clock. As many clocks are consigned without keys please check with the department to establish whether they are present or not prior to bidding.
Condition: due to the mechanical nature of clocks and the fact that most are of great age we cannot offer any guarantee as to whether they are in working order or free from major faults or restoration. Although we endeavour to catalogue items in a fair and informed manner, omission of any comments or observations regarding the condition or originality of a clock in the description does not necessarily indicate that it is free from significant faults, restoration or is in working condition. We would strongly advise any prospective purchaser to view the item in person or request a condition report and/or further images prior to bidding.
Measurements: dial measurements are given in inches, other dimensions such as height are given in centimetres and inches. The measurement given for the height of a longcase clock excludes any removable finials in order to provide an approximate minimum ceiling height in which the clock can be accommodated.
Paul Henry: in our opinion a work by the artist.
Attributed to Paul Henry: in our opinion a work of the period, which may be in the whole, or in part, the work of the artist.
Studio of Paul Henry: in our opinion a work by an unknown hand, which may have been executed in the studio of the artist.
Circle of Paul Henry: in our opinion a work from the period of the artist and showing his influence.
Follower of Paul Henry: in our opinion a work executed in the style of the artist, but not necessarily by a pupil.
Manner of Paul Henry: in our opinion a work executed in the style of the artist, but at a later date.
After Paul Henry: in our opinion a copy of any date after a work by the artist.
Dated Paul Henry: in our opinion the work has been signed / inscribed / dated by the artist.
Bears signature / inscription / date of Paul Henry: in our opinion the signature / inscription / date are probably not by the hand of the artist.
λ: indicates that this lot may be subject to Artist’s Resale Right (Droit de Suite) royalty charges. This payment is calculated on qualifying works of art which are sold for a hammer price more than £1,000. Please see our par. 13 Terms and Conditions for a detailed explanation of these charges.
Condition is not specified within the catalogue descriptions; please request a condition report for further advice.
Dreweatts is not liable for damage to gilded picture frames, plaster picture frames or picture frame glass; if the Lot is or becomes dangerous, we may dispose of it without notice to you in advance in any manner we see fit and will be under no liability for doing so.
Please note that all pictures are framed unless otherwise stated.
act. – active
fl. – flourished
wk. – worked
b. – born
p. – plate size
d. – died
s. – sight size
ABOUT US
The websites at www.dreweatts.com, www.dnfa.com and www.bloomsburyauctions.com (each a “Website”) are owned and operated by:
Dreweatts 1759 Ltd ((“Dreweatts”, “we” or “us”),
Registered in England: 10758982
Address: Donnington Priory Oxford Road, Donnington, Newbury, Berkshire RG14 2JE, England
Email: info@dreweatts.com
Tel: + 44 (0) 1635 553 553
Fax: + 44 (0) 1635 553 599
If you wish to contact us please use the details above.
Please understand that reporting a concern about Website content does not guarantee that it will be removed from the Website.
WEBSITE TERMS OF USE
1. Use of the Website is strictly subject to these Terms of Use. By using the Website you accept these Terms of Use as forming a binding agreement between you and Dreweatts and you agree to abide by them. If you do not agree with our Terms of Use please immediately discontinue your use of our Website and do not use any of our Services.
2. In addition to these Website Terms of Use, if you wish to participate in any of our auctions you will need to become a registered user and accept our Registered User Terms which together with these Website Terms of Use will apply to your participation in any auction.
3. Any personal data which is collected or stored by us, including arising out of or in your use of the Website or your use of any Services shall be subject to our Privacy Policy and our Cookies Policy and our Privacy Policy and our Cookies Policy are each by this reference incorporated into and form part of these Terms of Use.
In summary, we will use the information about you to manage your account if you are a registered user, to personalise your use of the Website, and to send you details of products and services that we offer (if you agree). We will share your information with our other group companies for these purposes, but we will not share your information for marketing purposes with any third parties. Please see our Privacy Policy for full details.
4. These Terms of Use are subject to change. We reserve the right in our sole discretion to amend or otherwise update these Terms of Use at any time without notice. Notification of any amendment shall be effected by posting the amended Terms of Use on the Website and the amended Terms of Use shall then become effective immediately, but no changes will be retrospective. Your continued use of the Website shall mean that you agree to be bound by these Terms of Use as amended or otherwise updated.
ACCESS TO THE WEBSITE
5. The permission granted to you to use this Website is conditional upon you complying at all times with these terms, our Privacy Policy, and any additional terms associated with any facilities or features in which you may elect to participate with respect to our Website (“Terms of Use”). By accessing and using the Website including any feature, function, content or service provided on or through the Website (each a “Service”), you, and any person, company or other entity on whose behalf you are accessing our Website and our Services, agree to our Terms of Use regardless of whether or not you choose to register with us.
6. Access to the Website is permitted on a temporary basis and we reserve the right to withdraw or amend the service we provide on the Website without notice. We will not be liable if for any reason the Website is unavailable at any time or for any period.
INTELLECTUAL PROPERTY
7. All materials on the Website and all intellectual property rights in the Website are owned, licensed to and/or controlled by Dreweatts and its licensors. All material on the Website is protected by copyright. Permission is granted only to electronically copy and/or print in hard copy portions of the Website for personal, non-commercial purposes. Any other use of the materials on the Website (including but not limited to making such material available on any other website, online service, social networking site or networked computer environment) is strictly prohibited unless otherwise expressly agreed by us.
8. All trademarks, service marks, trade names, branding and logos on the Website identifying Dreweatts, its licensors and/or their products and services are subject to copyright, design rights and trademarks owned by Dreweatts and/or its licensors. Nothing contained in these Terms of Use shall be construed as conferring by implication, estoppel or otherwise any licence or right to use any trade mark, design right or copyright of Dreweatts or its licensors. Please note that Dreweatts reserves the right to protect and enforce its intellectual property rights to the fullest extent permitted by law.
9. If you print off, copy or download any part of the Website in breach of these Terms of Use, your right to use the Website will cease immediately and you must, at our option, return or destroy any copies of the materials you have made.
LINKS
10. The Website may include links to other websites. We do not endorse or approve and have no responsibility for the content of any website to which the Website links including but not limited to any advertising, marketing, promotions, products or services available from such websites, nor for any loss caused by the use of or reliance on the content of such external websites.
11. No authority is given (expressly or implied) by us to deep link to or to frame any of the content that appears on the Website or to use any representation of any of the trade marks, service marks, trade names, branding or logos that appear on the Website. Linking to the Website is prohibited.
DISCLAIMER
12. Although Dreweatts has taken reasonable care and precautions in compiling the Website, we do not make any representations or warranties of any kind (expressly or implied) with respect to the content or operation of the Website and any such representations and warranties are excluded by this notice. We do not warrant that use of the Website will be uninterrupted or error free.
13. Your use of the Website and the materials contained in it is entirely at your own risk. Dreweatts does not accept any liability for losses or damages, whether direct or indirect, that you may suffer as a result of your use of the Website or your reliance on the content of the Website including but not limited to computer service or system failure, access delays or interruption, data non-delivery or mis-delivery, computer viruses or other harmful components, breaches of security or unauthorised use of the system arising from “hacking” or otherwise.
14. The Website is made available on the basis that all liability whatsoever for any loss or damage arising out of or in connection with your use of the Website, or reliance on the content of the Website, is excluded by us to the fullest extent permitted by law.
15. Any typographical, clerical or other error or omission in any page posted on the Website shall be subject to correction or deletion (as appropriate) without any liability on our part. We aim to update the Website regularly and may change the content at any time. Any of the material on the Website may be out of date at any given time, and we are under no obligation to update such material. The information on the Website is based on sources believed to be reliable; however, no assurances are provided to the user that the information is accurate and complete.
COMPLIANCE WITH APPLICABLE LAWS
16. You agree not to use the Website (or any part of it) for any illegal purpose and agree to use it in accordance with all applicable laws. You agree not to upload or transmit through the Website any computer viruses, trojan horses, worms or anything else designed to interfere with, interrupt or disrupt the normal operating procedures of a computer. You will not upload or transmit through the Website any material that is defamatory, offensive or of an obscene or menacing character, or that may cause annoyance, inconvenience or needless anxiety. You will not use the Website in any manner that violates or infringes the rights of any person or company (including but not limited to rights of intellectual property, rights of confidentiality or rights of privacy). You accept that breach of any of these obligations may result in us terminating your access to the Website.
USER NAMES AND PASSWORDS
17. If you choose, or if you are provided with, a user identification code, password or any other piece of information as part of our security procedures, you must treat such information as confidential. You must not disclose it to any third party.
18. We have the right to disable any user identification code or password, whether chosen by you or allocated by us, at any time, if in our reasonable opinion you have failed to comply with any of the provisions of these Terms of Use.
INTERACTIVE SERVICES
19. We may from time to time provide interactive services on the Website, including, without limitation, online auctions and other buying or selling facilities (together the “Interactive Services”). We will do our best to assess any possible risks for users (and in particular, for children) from third parties when they use any Interactive Service provided on our Website. However, we are under no obligation to oversee, monitor or moderate any Interactive Service we provide on our Website, and we expressly exclude our liability for any loss or damage arising from the use of any Interactive Service by a user in contravention of our content standards, whether the service is moderated or not.
20. The use of any of our Interactive Services by a person under the age of 18 years old is not permitted.
SELLER AND BUYER POLICIES
(i) You are a registered user and you have bid for and bought the item in accordance with our registered user terms and our Auction Terms and Conditions;
(ii) You will have first read the complete item listing including the full description (if available) and the related terms of sale;
(iii) You enter into a legally binding contract to purchase an item when you commit to buy an item or, in the case of an auction or similar bidding process, when you are awarded the winning bid on an item and we have sent you a confirmatory email; and
(iv) If we believe, in our sole discretion, that an error has been made in the pricing of an item, that transaction is not binding on you or the seller unless and until the seller delivers the item to you as the buyer (whether or not you may have already paid for the item).
CONTRIBUTIONS TO THE WEBSITE
Contributions must:
(i) be accurate (where they state facts);
(ii) be genuinely held (where they state opinions); and
(iii) comply with applicable law in the UK and in any country from which they are posted.
Contributions must not:
(i) contain any material which is defamatory of any person;
(ii) contain any material which is obscene, offensive, hateful or inflammatory;
(iii) promote sexually explicit material;
(iv) promote violence;
(v) promote discrimination based on race, sex, religion, nationality, disability, sexual orientation or age;
(vi) infringe any copyright, database right or trade mark of any other person;
(vii) be likely to deceive any person;
(viii) be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence;
(ix) promote any illegal activity;
(x) be threatening, abuse or invade another’s privacy, or cause annoyance, inconvenience or needless anxiety;
(xi) be likely to harass, upset, embarrass, alarm or annoy any other person;
(xii) be used to impersonate any person, or to misrepresent your identity or affiliation with any person; or
(xiii) give the impression that they emanate from us, if this is not the case.
LIMITATION OF LIABILITY
INDEMNITY
GENERAL
These terms and conditions were last updated on 1st April 2018 and replace all previous terms and conditions.
Introduction
A registered user is a person who has registered to use a service and/or to access certain pages on our Website in accordance with these Registered User Terms. Please read these Registered User Terms carefully before creating an account.
If you elect to create an account with us and become a registered user, these Registered User Terms apply to your registered user status in addition to our Terms of Use which apply generally to access to and use of our Website and our Bidder Terms (as set out below) which apply to bidding at or otherwise participating in any auction accessed or made available via our Website. Words and expressions defined in the Terms of Use have the same meanings in these Registered User Terms.
In order to become a registered user you must:
(a) Be an individual of at least 18 years of age;
(b) Create only one user account for your sole use; and
(c) Provide accurate personal information about you at registration and in all future interactions with us and with third parties, and all such information must be true, accurate, current, and complete.
Upon duly completing the relevant registration process and creating a username and password, you will be registered as a registered user of the Website.
Any personal data which is collected or stored by us, including arising out of the administration of your account as a registered user shall be subject to our Privacy Policy which is by this reference incorporated into and form part of these Terms of Use.
In summary, we will use the information about you to manage your account if you are a registered user, to personalise your use of the Website, and to send you details of products and services that we offer (if you agree). We will share your information with our other group companies for these purposes, but we will not share your information for marketing purposes with any third parties. Please see our Privacy Policy for full details.
Your Account
You are solely responsible for holding and managing your account, including protecting the identity of your password and maintaining proper control and supervision of your account, and you are solely responsible for your use of our Website and for the use of our Website by anyone who uses our Website under your user account profile.
If you choose, or if you are provided with, a user identification code, password or any other piece of information as part of our security procedures, you must treat such information as confidential. You must not disclose it to any third party. We have the right to disable any user identification code or password, whether chosen by you or allocated by us, at any time, if in our reasonable opinion you have failed to comply with any of the provisions of these Registered User Terms.
If you know or suspect that anyone other than you knows your user identification code or password, you must immediately reset your username and/or password and notify us at: info@dreweatts.com.
Your account is non-transferable and may not be sold, combined or otherwise shared with any other person. You may not create any additional accounts or multiple passwords whilst your original account is active. You may not create an additional account following suspension of an original account.
The Website is our private property. All interactions with the Website must be lawful and in compliance with these Registered User Terms (including our Terms of Use) at any time.
You may not commit or attempt any fraud including deliberately submitting any inaccurate information or falsifying any information in connection with your use of the Website or your account, and if this occurs you are responsible for any and all losses and damages that we may suffer or incur as a result of your actions. We may also notify your internet service provider of any fraudulent activity we associate with you or your use of the Website or your account.
If you breach these Registered User Terms (including our Terms of Use) or if we consider your conduct to be unacceptable in any way including if you restrict or inhibit other users from using, accessing, or enjoying any part of our Website at any time, we may in our sole discretion immediately limit your privileges or suspend or close your account and, without prejudice to our other rights and remedies, we may cancel any of your pending, current or future promotional account credits and any un-redeemed certificates in your account.
If your account is closed you may not join under a new account or re-enrol unless we formally invite you to do so. These Terms will survive any closure or termination of your account.
General
If we modify our Website in a way that will significantly affect your use of the Website or any of our Services, we will notify you through the email address registered to your account and/or by posting a notice of such change on our Website. You agree to electronic communications and acknowledge that all contractual notices and other communications that we provide electronically comply with any requirement that they must be in writing. This does not affect your statutory rights.
We may from time to time provide additional services which your user identification and password for the Website will allow you to access should you wish to do so, which additional services may be under the ‘Dreweatts’ or ‘Bloomsbury Auctions’ names or another of our branded services (“Additional Services”). Those Additional Services are, unless otherwise stated in the terms of those Additional Services, provided subject to these Registered User Terms and our Terms of Use and your access and use of any of those Additional Services constitutes your acceptance of the application of these Registered User Terms and our Terms of Use to those Additional Services and you agree to abide by them.
Our Terms of Use form part of and are by this reference hereby incorporated into these Registered User Terms.
These Registered User Terms and any dispute or claim arising out of or in connection with them or their subject matter or formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with the laws of England and Wales.
Bidder Terms
These Bidder Terms apply to bidding at or otherwise participating in any auction accessed or made available via our Website. In order to bid at or otherwise participate in any auction accessed or made available via our Website you must become a registered user and these Bidder Terms form part of our Registered User Terms.
If you are a bidder or a buyer at one of our online auctions (whether that auction is a ‘virtual’ auction only held online or whether you are participating online through our Website in an auction taking place in one of our salerooms) you must familiarise yourself with and accept our Conditions of Sale, Notices, Information for Buyers at Online Auctions (including any applicable product-specific notices, for example relating to Watches, Jewellery and Clocks), which form part of our Online Auction Terms and Conditions. Please be aware that our Online Auction Terms and Conditions are different from the Terms and Conditions printed in our catalogues which are intended to apply to persons bidding at an auction in one of our salerooms.
When acting as auctioneers we do not own and we are not the seller of any of the auction items listed. The contract for sale is made directly between the buyer and the seller and we are not a party to that contract. We do not have control over and we do not guarantee the existence, quality, legality or safety of any items offered for sale at auction or the truth or accuracy of descriptions, or the ability of sellers to sell, any item listings.
We do not have responsibility for the safety of lots. The bidder cannot assume that lots are not dangerous to the bidder. We cannot protect bidders from injury or death which might result from using lots. We do not have responsibility for the legality of lots. The bidder cannot assume that lots are lawfully offered in the correct legal jurisdiction. We do not protect bidders from any illegality which might arise following their purchase or lots.
You agree that:
(a) You cannot bid in an auction if you are the seller of the item and you must not ask anyone else to bid on your behalf;
(b) You must not be in contact with other bidders prior to the final sale of any item;
(c) The highest bidder is compelled by law to complete the transaction, except if the reserve is not met or the bid is found to be not operable; and
(d) You can only act for a third party when given authority in writing by the Auctioneer to do so.
A live online auction may provide the facility for bidders to bid in the auction by placing commission bids in advance of the auction and during the auction. A commission bid is the highest sum the bidder is prepared to bid on a specific lot. Commission bids are executed on behalf of the bidder during the auction at the lowest possible amount. Commission bids are at the risk of the bidder and we do not accept responsibility for and we are not liable for the communication and placement of commission bids.
We do not guarantee that any buyer or seller will actually complete a transaction, remit a payment or refund, and/or return an item. We will not be responsible for any items sold at any auction accessed or made available via our Website, for any loss of or damage to items during transit or during the inspection period, or for misrepresentations and/or breaches of contract by the buyer or the seller.
You agree to indemnify us against any loss, damage, obligation, liability, cost, claim, charge or expense suffered or incurred by us that arises out of or in connection with your act, omission or breach of the Bidder Terms.
The permission granted to you to use our Website is conditional upon you complying at all times with our Terms of Use (including the Registered User Terms and these Bidder Terms), holding the authority to enter into a binding legal obligation, and fully complying with the terms of each offer made by you at any auction.
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